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Nestlé Allocates CHF520 Million for New Pet Food Plant in Italy

MT Newswires·07/20/2026 09:11:41
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09:11 AM EDT, 07/20/2026 (MT Newswires) -- Swiss packaged food and beverage giant Nestlé (NESN.SW) allocated 520 million francs for a new pet food plant and logistics platform in Mantova, Italy. The facility will produce wet pet food for cats and dogs for Purina brands, with production expected to start in 2029, according to a Monday release.