Nestlé S.A. (SWX:NESN) will look for acquisitions. Ulf Schneider, Chief Executive Officer said, “When it comes to acquisitions, you've seen increased activity already in H1 over the entire year 2019 on the acquisition front. So let me just remind you of Vital Proteins. I think we just announced that in late June. Zenpep, which we already closed; and also Lily's Kitchen. So that's why I'm saying, compared to last year, acquisitions are now becoming a larger part of the picture. And we continue to work on an attractive pipeline, and hopefully, there will be some more”.