date:Apr 27, 2012
authorities.
Nestl won over companies such as Danone, Mead Johnson, to strike a deal to acquire Pfizer Nutrition, which generates 85% of its sales in emerging markets. This acquisition is Nestl's biggest till date.
Following the acquisition, Nestl plans to combine Pfizer Nutrition's brands like S-26 Gold, SMA and Promil with its existing portfolio of brands such as Nan, Gerber, Lactogen, Nestogen and Cerelac infant cereal.