Nestle SA and Starbucks Corp. join hands, Nestle to sell Starbucks coffee
Two coffee giants Nestle SA and Starbucks Corp. are now going to do business in partnership. Nescafe who is the Swiss maker will be paying about $7.15 billion in cash to Starbucks coffee products. Nescafe will be selling Starbucks coffee products in supermarkets, catering companies, and restaurants and the company is going to add Starbucks brand to its most popular Nespresso and Doce gusto capsule from next year.