Nestlé's relatively new Chief Executive Officer Mark Schneider has shown he knows how to buy. Now he needs to sell too.
Schneider, who was something of a deal junkie when he ran Fresenius, wasted no time in his first year at Nestlé, snapping up the likes of supplement maker Atrium Innovations and Blue Bottle Coffee.
He also took his first step in reshaping the global group's disparate portfolio, offloading the US confectionery business for a good price.