 "The Nestle logo is pictured on the company headquarters entrance building in Vevey, Switzerland")
Nestle SA Chief Executive Officer Mark Schneider needs to keep filling his shopping cart.
The Swiss owner of Nespresso coffee and Perrier water said it plans “active portfolio management” after its weakest sales growth in more than 20 years. Schneider said he sees the most potential in small and medium-sized deals, even as the company opened the door to a bigger one — a possible sale of its 23 per cent stake in L’Oreal SA.
Since taking over about a year ago, the new CEO has fired up Nestle’s mergers-and-acquisitions machine, snapping up Canadian dietary supplements maker Atrium Innovations for $2.3 billion
