Nestle sells remaining 40% Herta stake to Casa Tarradellas, ending joint venture

Core Insights - Nestle has completed the sale of its remaining 40% stake in Herta Foods, a packaged meat business, to Spanish company Casa Tarradellas [1] Company Summary - The divestment marks the end of Nestle's involvement in Herta Foods, indicating a strategic shift in its portfolio [1] - Casa Tarradellas, the acquiring company, is expected to enhance its market position in the packaged meat sector following this acquisition [1]