Nestle wants to enter European market with Blue Bottle Coffee
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The Nestlé Group, which includes the Nespresso and Nescafe brands, pays particular attention to the coffee business. Only last May, Nestlé and Starbucks signed an agreement for Nestlé to market all Starbucks consumer and catering products for USD 7.2 billion.
It is a long-term deal, Settembri continued. The Chinese market, where Starbucks opens a new coffee bar every 15 hours, is the focus of the agreement, said Nestlé's CEO for Europe, Middle East and North Africa /mk/ra/AWP/jha (dpa).
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