Nestle Enhances Position in Global Infant Nutrition

 Breaking News
  • Guinness Remains Ireland’s Most Valuable Brand at €2.1 Billion Guinness remains Ireland’s most valuable brand after growing by 5% over the last year to a brand value of €2.1 billion on the back of new product innovations and steady sales of the world-famous draught, according to the latest report by Brand Finance, the world’s leading independent brand valuation and strategy consultancy. Guinness’s brand value has [...]...
  • New Décor Salt Convinces With a Crunchy Bite and High Stability When it comes to pretzels or salt sticks, the visual contrast between a dark crust and a rich salt décor is a mark of quality for most consumers. New Slow Milling® Pretzel Salt Light SG from GoodMills Innovation enables salt reduction in pretzel décor without the consumer noticing any visible difference. At the same time, [...]...
  • DuPont’s Microbiome Venture Announces Second Strategic Partnership Three months after its formation, the DuPont Nutrition & Health Microbiome Venture has announced its second strategic research and development partnership. The newly forged relationship with the Center of Food and Fermentation Technologies (TFTAK) in Tallinn, Estonia, will focus on developing cultivation and bioprocess capabilities for ‘next-generation’ probiotics. Last November, DuPont Nutrition & Health (DuPont) announced [...]...
  • JBT Announces Comprehensive Relaunch of Online Presence JBT Corporation, one of the world’s leading solutions providers for the food and beverage processing industries, has announced the comprehensive relaunch of its online presence, with the introduction of a redesigned flagship website. To better accommodate a range of solutions that includes not just core JBT products, but also innovations from its global businesses and [...]...
  • Building the Unilever of the Future Unilever has announced the next steps in its transformation into a simpler, more agile and more focused business. The changes are designed to further drive long-term performance and shareholder value, and build upon the company’s Connected 4 Growth programme. Unilever will simplify its corporate structure. This entails moving from two legal entities – Unilever NV and [...]...

Nestle Enhances Position in Global Infant Nutrition

Nestle Enhances Position in Global Infant Nutrition
December 05
12:21 2012

Following the successful conclusion of the regulatory process in most markets, Nestle has completed its $11.85 billion acquisition of Pfizer Nutrition. The integration process will see approximately 4,500 employees of Pfizer Nutrition join the Nestle Group.

Pfizer Nutrition’s strong brands and product portfolio, together with its geographic presence, complements Nestle’s Infant Nutrition business. 85% of its sales are in emerging markets, many of them with large, fast-growing populations. Building on its growth-focused strategy, global presence and pioneering research and development, the newly enlarged business will enhance Nestle’s ability to become parents’ trusted partner, offering them a wider choice of nutritious food to ensure their children make a healthy start to a healthy life.

In Australia, Nestlé’s remedy commitments, which are not material in the overall context of the transaction, have satisfied the regulators. The regulatory approval process is still underway in Kenya, South Africa and five Latin American countries. Nestle is continueing to review its strategic options in those countries.

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 18, 2018ProWein
  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here