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 Nestlé Group has reported 11% increase in total sales to CHF67.6bn ($73.1bn) for the first nine months of 2012. Zone Americas has reported CHF20.9bn ($22.6bn) sales. In North America, both soluble coffee and coffee creamers: ...
Tags: NestléNutrition, sales, Infant Nutrition
Gerber Products, an operating unit of Nestle group, has introduced Gerber Good Start Soothe formula with probiotic L reuteri. The formula is designed to reduce excessive crying and colic in healthy infants. The Soothe variety contains ...
Tags: Gerber Products, Infant Formula
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
Chinese infant nutrition group Feihe International has booked an increase in third-quarter profits,which it said were"significantly better"thanks to a focus on higher-margin products. In an earnings release on Friday(9 November),Feihe ...
Tags: profits, higher-margin products, net profit, Feihe
Dutch ingredients group DSM has signed a deal to buy US food additive producer Fortitech in a deal worth EUR495m(US$630.8m). The acquisition,the second for DSM in the last month,is an all-cash transaction and is expected to close this ...
Tags: deal, acquisition, food additive, net sales
Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...
Tags: food, share price, emerging markets, price rises, cost-cutting, water
Skjodt-Barrett Contract Packaging is planning to boost production at its facility in Indiana,Lebanon,in order to address the increased demand for its food products. Skjodt-Barrett produces organic and non-organic baby food,fruit snacks ...
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
Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its ...
Tags: Unilever, sustainability, baby food, confectioner
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