date:Jul 21, 2014
Officer Ernst Tanner said July 14 that the company intends to stay independent. Nestle declined to comment on whether it has ever considered buying Stover or Lindt, but executives have long said the company aims to be No. 1 or No. 2 in the categories and markets it operates in.
Nestl, based in Vevey, Switzerland, considered exiting U.S. confectionery about six or seven years ago, when the category was desperate, Nestl USA CEO Paul Grimwood said at an investor conference last month in Boston. In