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Nestlé invests CHF 10 million to build its first factory in Angola


November 10, 2011 - London

Nestlé S.A. /Nestlé invests CHF 10 million to build its first factory in Angola. Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement.

In its latest move to develop business in Africa, Nestlé is investing CHF 10 million (about 1 billion Kwanza) to build its first factory in Angola.

The factory, located in the Angolan capital Luanda, will be a 'finishing centre' for packing and repacking products such as Nido milk powder and Nescafé coffee.

It will create 30 new jobs and is expected to begin operations in September 2012.

Read the full story: www.nestle.com/Media/NewsAndFeatures/Pages/Angola_factory.aspx

More Nestlé news: www.nestle.com




This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Nestlé S.A. via Thomson Reuters ONE

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Nestlé S.A.
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WKN: 887208;ISIN: CH0038863350;

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