Packets of Herta branded ham sit on display ahead of a news conference announcing Nestle SA’s full year results in Vevey, Switzerland. (Photographer: Stefan Wermuth/Bloomberg)

Nestle Cuts the Meat in Bid to Build Healthier Food Giant

Feb 14 2019, 8:43 AMFeb 14 2019, 12:09 PMFebruary 14 2019, 8:43 AMFebruary 14 2019, 12:09 PM

(Bloomberg) -- Nestle SA put its ailing Herta lunch-meat business up for sale as Chief Executive Officer Mark Schneider tries to spur sales growth at the world’s largest food company through acquisitions and divestments.