Nestlé has been active in repositioning its business for much of the last year in an effort to stoke growth, focusing its capital spending efforts on high-growth food and beverage categories such as coffee, pet care, infant nutrition and bottled water. All this comes as Nestlé faces pressure from activist investor Daniel Loeb who has criticized the company and accused it of employing a "muddled strategic approach" that doesn't do enough to address changes in food consumption patterns among shoppers.