Swiss food firm Nestlé has announced that it has completed the acquisition of Pfizer's nutrition division, in a deal valued at $11.85bn, strengthening its position in the global nutrition market. The integration process of Pfizer ...
Tags: Nestlé, food, acquisition, infant nutrition
DuPont plans to establish a food application center in India,as a part of its plan to strengthen its food and nutrition business in the country.The new center will develop customized food solutions for the local market. The center would ...
Tags: food solutions, food application center, nutrition, health
Danone, which had purchased India-based Wockhardt's nutrition business for INR12.80bn, intends to double the domestic baby and medical nutrition business over the next three to four years. Earlier in 2012, the French dairy major acquired ...
Tags: Danone, the domestic baby and medical nutrition business, baby nutrition
The Australian Competition and Consumer Commission will not oppose the proposed acquisition of Pfizer Nutrition,a global infant nutrition business,from Pfizer Inc by NestléS.A,after accepting a court-enforceable undertaking.See ...
The Australian Competition and Consumer Commission (ACCC) has announced that it would not oppose Nestlé's $11.85bn deal to acquire Pfizer's infant nutrition business. However, the commission asked Nestlé to license its brand ...
Tags: ACCC, Nestlé, acquire, infant nutrition
Dutch ingredients group DSM has seen third-quarter earnings drop by almost one-quarter,despite what it described as a"strong"performance from its nutrition business. EBITDA dropped 23%to EUR270m(US$346m)in the three months to ...
Tags: earnings, total sales, currency exchange, acquisitions
First Milk,a leading dairy farmer co-operative in the UK,has secured a£120m refinancing deal to fund its expansion into the food sector over the next three years. The deal was provided by Lloyds TSB Commercial Finance and ...
Tags: refinancing deal, expansion, food sector
French dairy and nutrition major Danone has completed the acquisition of Wockhardt's nutrition business for INR12.80bn($355m),in a deal which marks Danone's foray into India's baby foods and medical nutrition business. Under the ...
Swedish-Danish cooperative Arla Foods and China's baby food maker Biostime International have entered into ten-year financing and supply agreement. Under the agreement,the two companies will co-invest a total of DKK163m($27.55m)to expand ...
Tags: financing, agreement, baby food, production capacity
A raft of first-quarter results stories this week from the likes of Danone and Nestle, and full-year results from Tesco have kept analysts busy. In addition to Tesco's sales figures, the group's CEO Philip Clarke revealed further details of ...
Tags: Danone, Nestle, nutrition business, food, salmonella