Nestle to divest two factories in Germany, citing rising costs
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Nestle plans to divest two factories in Germany due to rising costs and overcapacity, affecting 225 jobs. The Neuss factory will close in 2026, and the Conow factory will be sold next year.
BERLIN (Reuters) - Nestle will divest two factories in Germany, the world's largest packaged food company said on Thursday, citing overcapacity due to rising costs and consumer price sensitivity.
The decision to close the factory in Neuss in mid-2026 and sell the one in Conow at the start of next year affects about 225 jobs, according to the company.
(Writing by Miranda Murray, Editing by Rachel More)
The main topic is Nestle's decision to divest two factories in Germany due to rising costs and overcapacity.
The divestment will affect about 225 jobs as the Neuss factory will close and the Conow factory will be sold.
Nestle is divesting these factories due to rising costs and consumer price sensitivity leading to overcapacity.
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