Nestle recently bought Uncle Tobys (for a paltry AUS$890 million). And according to Nestle themselves, "the move underscores Nestlé's strategic focus on nutrition, health and wellness." By which they clearly mean 'adds to their existing brands such as Cheerios, Milo and Nesquick' - renowned for their health and nutrition already.
Nestle's above-metioned press release also spoke in glowing terms about Uncle Tobys well respected workforce of more than 900 employees. Interesting to note that media reports of job losses of anywhere up to 600 positions have not been denied by Nestle. Don't worry Uncle Toby, I'm sure they'll still love you in the morning...
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