Food Industry
Industry: Email Alert RSS FeedSnow Brand Milk Products Co. Ltd
Food & Drink Weekly, Oct 2, 2000
Nestle SA begins talks with Japan's Snow Brand Milk Products Co. Ltd., about an extensive business alliance, including participation in some of Snow Brand's dairy-based businesses. At the same time, Snow Brand revealed the measures necessary to make the company profitable, as huge losses are predicted following the recent food poisoning incidents.
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Bacteria-tainted milk made about 14,800 consumers ill this summer, forcing the president's resignation and deeply tarnishing Snow Brand's image.
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