NESTLÉ: The acquisition of Freshly strengthened our conviction buy rating | CONVICTION BUY | CHF125
NESTLÉ - CONVICTION BUY | CHF125(+21%)The acquisition of Freshly strengthened our conviction buy rating
Freshly is a fresh-prepared meal delivery services
We see this deal positively
Nestlé should be more active in acquisitions going forward
The top line guidance for 2020 is very conservative
Nestle is a holding company which is based in Switzerland. Through its subsidiaries and allied companies, Co. is engaged in the food processing industry. Co.'s product portfolio has seven categories, Powder and Liquid Beverages, Nutritional and Health Science, Milk products and ice cream, Prepared dishes and cooking aids, PetCare, Confectionery and Water.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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