More than 200 work­ers are fac­ing months of un­cer­tain­ty as Nestlé Trinidad and To­ba­go’s sale process moves in­to its next phase, with the Oil­fields Work­ers’ Trade Union (OW­TU) re­veal­ing that an in­ter­na­tion­al firm in Switzer­land will over­see the trans­ac­tion while dairy farm­ers con­tin­ue to voice fears over the fu­ture of the lo­cal milk in­dus­try.

Speak­ing af­ter a meet­ing with com­pa­ny of­fi­cials on Thurs­day, OW­TU first vice pres­i­dent Sati Ga­jad­har-In­niss said work­ers were told the sale process is ex­pect­ed to take be­tween six and nine months as the com­pa­ny com­pletes an as­sess­ment of its as­sets be­fore invit­ing prospec­tive buy­ers.

“They’re now con­firm­ing their as­sets, and an in­ter­na­tion­al com­pa­ny in Switzer­land will be han­dling the sale. Any pre­ferred buy­ers or po­ten­tial buy­ers have to pass through them,” she said.