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Nestle to Purchase Power Bar 31631
March 1, 2000
1 Min Read
Nestle to Purchase Power Bar
GLENDALE, Calif.--Nestle USA Inc. has signed a definitive agreement topurchase Berkeley, Calif.-based PowerBar Inc. Nestle USA's parent company,Nestle SA, is based in Switzerland. The agreement is subject to regulatoryapproval.
PowerBar has a line of energy bars, nutrition bars, protein bars, an energygel and a sports drink. Nestle's acquisition will provide the company with theresources necessary to increase its global reach.
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