Counting Beans

In March, Nestle and Coca Cola announced they would end their seventeen year joint venture in making Nestea, a ready-made tea. The joint venture will dissolve in 2018. During the joint venture, Nestea products were manufactured by Coca Cola and distributed by Nestle. Nestle retained the rights to the Nestea brand while Coca Cola will begin to make a similar product under their brand Fuze. Nestle will change its formula and packaging and will be made with no corn syrup, artificial colors or flavors or GMO ingredients in order to respond to consumers who want healthier drinks.