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PZ Cussons to acquire baby food producer Rafferty's Garden for ￡42.2m
date:Jul 04, 2013
UK-based consumer goods manufacturer PZ Cussons has entered into an agreement to acquire organic baby food producer Rafferty's Garden from Australian private equity firm Anacacia in a 42.2m all-cash deal.

This move by PZ Cussons comes after the Australian Competition and Consumer Commission (ACCC) opposed US-based food giant HJ Heinz's proposed acquisition of Rafferty's Garden, in June.

Rafferty's Garden is a leading nutritious baby food brand in Australia with approximately 40% share of the w

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