Nestlé Investing In Liquid Milk

The world's largest food company, Nestlé, has announced plans to invest BRL120mn in a liquid milk factory in Brazil. The plant will have the capacity to process 100mn litres of milk per year and will be located in the city of Araraquara in the state of Sao Paulo. The move underlines Nestlé's commitment to the country's dairy sector, and the liquid milk category, which remains fragmented but is forecast by BMI to grow at a steady rate over the next five years.

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