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Consumer End: Nestle's & Strabucks

Nestlé Enters Agreement for Global license of Starbucks Consumer and Foodservice Products

CoffeeNetwork (New York) - Starbucks Corporation (NASDAQ: SBUX) today announced it will form a global coffee alliance with Nestlé S.A. to accelerate and grow the global reach of Starbucks brands in Consumer Packaged Goods (CPG) and Foodservice. With a shared commitment to ethical and sustainable sourcing of coffee, this alliance will transform, expand and elevate both the at-home and away-from-home coffee and related categories around the world.