Nestle Beverage Co

Nestle USA Buys Beverage Maker Koala Springs: Terms of Nestle Beverage Co.'s acquisition of the Fremont, Calif.-based maker of fruit-based drinks were not disclosed. Koala Springs International will be integrated into the juice division of San Francisco-based Nestle Beverage Co., an affiliate of Nestle USA Inc., which handles Libby's Juicy Juice and Kern's Nectars. The Koala beverage line was a pioneer in the alternative beverage market in the late 1980s with eight fruit-flavored mineral

Back when this was just another timber town, a comfortable place where the lumber company owned the grocery store, hotel and every house, no one thought a lick about water. A reliable torrent poured from springs fed by the glacial melt off nearby Mt. Shasta. Now big lumber is dead, the sawmill shuttered. And tiny McCloud is at odds over its water.

Nestle USA Inc., the Glendale subsidiary of the Swiss food giant, said its Nestle Beverage Co. affiliate has agreed to acquire the brands and assets of Koala Springs International. The price was not disclosed. Nestle said the all-cash transaction is subject to legal and regulatory approval. Based in Fremont, Koala Springs markets carbonated fruit drinks, lemonades and teas. It will be integrated into the juice division of Nestle Beverage.

With 21 coffee makers to choose from at the Williams- Sonoma store in Princeton, N.J., Jerry Bagel zeroed in on two Nespresso machines as he contemplated a going-away gift for his son, Rick, who is about to start college. Bagel, a 50-year-old dermatologist, already has a Nespresso maker at his office in nearby West Windsor. Since the black-and-chrome machine marketed by Nestle uses prepackaged capsules of ground coffee, he has time to brew cups of espresso between patients.

In the most valuable deal in the history of the U.S. wine industry, Nestle is set to announce today that it is selling its extensive and prestigious California wine holdings, including Beringer Vineyards and Chateau Souverain, to private investors, industry sources said Tuesday. Texas Pacific Group, an investment partnership with $720 million in capital and offices in San Francisco and Ft. Worth, is paying an estimated $350 million for Nestle's Wine World Inc.

With 21 coffee makers to choose from at the Williams- Sonoma store in Princeton, N.J., Jerry Bagel zeroed in on two Nespresso machines as he contemplated a going-away gift for his son, Rick, who is about to start college. Bagel, a 50-year-old dermatologist, already has a Nespresso maker at his office in nearby West Windsor. Since the black-and-chrome machine marketed by Nestle uses prepackaged capsules of ground coffee, he has time to brew cups of espresso between patients.

Back when this was just another timber town, a comfortable place where the lumber company owned the grocery store, hotel and every house, no one thought a lick about water. A reliable torrent poured from springs fed by the glacial melt off nearby Mt. Shasta. Now big lumber is dead, the sawmill shuttered. And tiny McCloud is at odds over its water.

Nestle USA Inc., the Glendale subsidiary of the Swiss food giant, said its Nestle Beverage Co. affiliate has agreed to acquire the brands and assets of Koala Springs International. The price was not disclosed. Nestle said the all-cash transaction is subject to legal and regulatory approval. Based in Fremont, Koala Springs markets carbonated fruit drinks, lemonades and teas. It will be integrated into the juice division of Nestle Beverage.

Nestle USA Buys Beverage Maker Koala Springs: Terms of Nestle Beverage Co.'s acquisition of the Fremont, Calif.-based maker of fruit-based drinks were not disclosed. Koala Springs International will be integrated into the juice division of San Francisco-based Nestle Beverage Co., an affiliate of Nestle USA Inc., which handles Libby's Juicy Juice and Kern's Nectars. The Koala beverage line was a pioneer in the alternative beverage market in the late 1980s with eight fruit-flavored mineral

In the most valuable deal in the history of the U.S. wine industry, Nestle is set to announce today that it is selling its extensive and prestigious California wine holdings, including Beringer Vineyards and Chateau Souverain, to private investors, industry sources said Tuesday. Texas Pacific Group, an investment partnership with $720 million in capital and offices in San Francisco and Ft. Worth, is paying an estimated $350 million for Nestle's Wine World Inc.

An initial offering of common shares of PIA Merchandising Services Inc. was priced Thursday at $14 each through underwriters led by PaineWebber Inc. The company, which checks products and displays in stores, had expected the 2.3 million shares to be offered in the $13-to-$15 range. Trading is scheduled to begin today on the Nasdaq market. Proceeds from the $32-million offering are expected to be used to repay debt, to finance investment and for working capital.