Nestle : Majority stake in Orgain, a major player in plant-based nutrition in the US
>Continuing its repositioning - Outperform rating maintained. After four years of repositioning the portfolio through asset disposals (Galderma, ice cream in Europe and North America, confectionary in US, local water in North America, etc.), the share of acquisitions in this rotation movement continues to gain ground with the announcement of an agreement to take a majority stake in Orgain, a young company positioned in plant-based nutrition and with critical mass. Thi...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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