Nestlé underscored its commitment to the infant nutrition business in April with an agreement to acquire Pfizer Nutrition for $11.9 billion. The purchase will complement Nestle’s infant nutrition business because of Pfizer’s strong product portfolio, and vast geographic presence — 85% of its sales are in emerging markets, said Chief Executive Officer Paul Bulcke. “Pfizer Nutrition is an excellent strategic fit and this acquisition underlines our ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.