• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Nutraceuticals
    • Markets
    • Health
    • Jobs
    • Events
    • Buyers' Guide
    • Showcases
    • More
  • Magazine
  • News
  • Exclusives
  • Nutraceuticals
  • Markets
  • Health
  • Jobs
  • Events
  • Buyers' Guide
  • Showcases
  • Current & Past Issues
    Features
    Columns
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter
    Editorial Guidelines
    Top Features
    Researchers Develop New Global Estimate of Medicinal Plant Species and Conservation Status

    All Eyes on Vision Health

    Health Benefits of Vitamin K: A Contemporary Cornerstone of Heart and Bone Health

    Vitamin D: A Fixture of Supplementation and Fortification

    Magnesium: An Essential Mineral with Many Forms and Functions
    Breaking News
    Certifications, Approvals and Patents
    Exclusives
    Industry & Market News
    People
    Products
    Regulatory
    Glossary
    Research
    Supplier News
    Supplier Insights
    Live From Shows
    Top News
    GOED Elects New Board Officers for 2023

    Aspire Hires Darrec Jones as VP of Business Development

    Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women

    BAPP Paper Reviews Common Adulteration Practices Which Go Undetected

    CRN Announces Promotions and Welcomes New Staff Member
    Exclusives
    Blogs & Guest Articles
    Health E-Insights
    Area Code 420
    eBook
    Antioxidants
    Dairy-Based Ingredients
    Enzymes
    Fatty Acids
    Fiber & Carbohydrates
    Green Foods
    Herbs & Botanicals
    Marine Nutraceuticals
    Minerals
    Omega 3s
    Probiotics & Prebiotics
    Proteins, Peptides, Amino Acids
    Sweeteners
    Vitamins

    GOED Elects New Board Officers for 2023

    Lallemand Health Solutions Debuts Organic Saccharomyces Boulardii Probiotic Yeast

    Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women

    BAPP Paper Reviews Common Adulteration Practices Which Go Undetected

    CBD Expectations: What Happens at FDA and Congress After Agency Seeks New Regulatory Pathway?
    Consumer Trends
    Contract Manufacturing
    Cosmeceuticals / Nutricosmetics
    Delivery & Dosage Technologies
    Dietary Supplements
    Flavors & Colors
    Functional Foods & Beverages
    Healthcare Trends
    Medical Nutrition
    Mergers & Acquisitions
    Natural/Organic
    Nutrition Bars
    Packaging
    Pet Nutraceuticals
    Quality & Safety
    Regulations
    Research
    Testing
    World Markets

    Aspire Hires Darrec Jones as VP of Business Development

    Lallemand Health Solutions Debuts Organic Saccharomyces Boulardii Probiotic Yeast

    Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women

    BAPP Paper Reviews Common Adulteration Practices Which Go Undetected

    CBD Expectations: What Happens at FDA and Congress After Agency Seeks New Regulatory Pathway?
    Bone & Joint Health
    Cancer Risk
    Cardiovascular Health
    Cognitive Function
    Diabetes & Blood Sugar Management
    Digestive Health
    Energy
    Eye Health
    Healthy Aging
    Immune Function
    Infant & Children's Health
    Inflammation
    Men's Health
    Mood Health & Sleep
    Oral Health
    Sexual & Reproductive Health
    Skin Health
    Sports Nutrition
    Weight Management/Weight Loss
    Women's Health

    Lallemand Health Solutions Debuts Organic Saccharomyces Boulardii Probiotic Yeast

    Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women

    Quercetin Ingredient Linked to Improved COVID-19 Recovery: Study

    Pomegranate Extract Tied to Gut and Skin Microbiome Benefits

    Probiotics Supplementation Reduces Complications in Colorectal Cancer Patients
    Industry Events
    Live From Show Events
    Webinars
    All Companies
    Categories
    Trade Associations
    Company Capabilities
    International Buyers Guide Companies
    JRS Pharma

    Sabinsa Corporation

    Bioenergy Life Science, Inc. (BLS)

    Botanic Healthcare LLC

    Nutrition21, LLC
    Companies
    Product Releases
    News Releases
    Literature / Brochures
    White Papers
    Jobs
    VIdeos
    Services
    Add New Company
    International Buyers Guide Companies
    JRS Pharma

    Sabinsa Corporation

    Bioenergy Life Science, Inc. (BLS)

    Botanic Healthcare LLC

    Nutrition21, LLC
    • Magazine
      • Current / Back Issue
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers' Guide
      • All Companies
      • Categories
      • Trade Associations
      • Company Capabilities
    • Nutraceuticals
      • Antioxidants
      • Dairy-Based Ingredients
      • Enzymes
      • Fatty Acids
      • Fiber & Carbohydrates
      • Green Foods
      • Herbs & Botanicals
      • Marine Nutraceuticals
      • Minerals
      • Omega 3s
      • Probiotics & Prebiotics
      • Proteins, Peptides, Amino Acids
      • Sweeteners
      • Vitamins
    • Markets
      • Consumer Trends
      • Contract Manufacturing
      • Cosmeceuticals / Nutricosmetics
      • Delivery & Dosage Technologies
      • Dietary Supplements
      • Flavors & Colors
      • Functional Foods & Beverages
      • Healthcare Trends
      • Medical Nutrition
      • Mergers & Acquisitions
      • Natural/Organic
      • Nutrition Bars
      • Packaging
      • Pet Nutraceuticals
      • Quality & Safety
      • Regulations
      • Research
      • Testing
      • World Markets
    • Health
      • Bone & Joint Health
      • Cancer Risk
      • Cardiovascular Health
      • Cognitive Function
      • Diabetes & Blood Sugar Management
      • Digestive Health
      • Energy
      • Eye Health
      • Healthy Aging
      • Immune Function
      • Infant & Children's Health
      • Inflammation
      • Men's Health
      • Mood Health & Sleep
      • Oral Health
      • Sexual & Reproductive Health
      • Skin Health
      • Sports Nutrition
      • Weight Management/Weight Loss
      • Women's Health
    • Online Exclusives
    • Webinars
    • Slideshows
    • Blogs & Guest Articles
    • Health E-Insights
    • Videos
    • Podcasts
    • Infographics
    • eBook
    • Whitepapers
    • Research
      • TrendSense
      • Monograph Center
      • White Papers
      • Research News
    • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Supplier Showcases
      • Companies
      • Product Releases
      • News Releases
      • Literature / Brochures
      • White Papers
      • Jobs
      • VIdeos
      • Services
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Industry News

    Pfizer Sells Nutrition Business to Nestlé

    ...

    Related Content
    • Superfood Ingredients Remain A Major Trend in Beauty
    • Diana Morgan, Founder of What’s Up With Supps, Leads with Passion and Purpose
    • Maypro Appoints May Yamada-Lifton as Chief Operating Officer
    • Going Beyond ISO Certification: What CBD/Cannabis Companies Need to Look for
    • Vitafoods Europe Requires ‘COVID Certificate’ Confirming Vaccination or Recent Negative Test
    01.01.13
    Pfizer, New York, NY, has completed the sale of its nutrition business to Nestlé for $11.85 billion in cash, following the conclusion of the required regulatory process in most markets. In certain countries where completion will be delayed due to ongoing regulatory review, Pfizer will continue to operate the business on an interim basis. Meanwhile, the integration process, which will see about 4,500 Pfizer Nutrition employees join the Nestlé Group, is underway.

    Pfizer Nutrition’s brands and product portfolio, together with its geographic presence, complements Nestlé’s Infant Nutrition business, Nestlé said. About 85% of Pfizer Nutrition sales are in emerging markets, many of them with large, fast-growing populations. Building on Nestlé’s growth-focused strategy, global presence and pioneering research and development, the newly enlarged business will enhance the company’s ability to offer a wider choice of nutritious food to ensure children make a healthy start to a healthy life.

    In Australia, Nestlé’s remedy commitments, which are not material in the overall context of the transaction, have satisfied regulators. The regulatory approval process is still underway in Kenya, South Africa and five Latin American countries. Nestlé continues to review its strategic options in those countries.

    “The completion of the sale of the nutrition business to Nestlé demonstrates our commitment to maximizing the value of our businesses and prudently managing capital,” said Frank D’Amelio, Pfizer CFO. “We remain focused on enhancing shareholder value, and our new $10 billion share repurchase program is now effective upon the completion of the sale and will be utilized over time.”
    Related Searches
    • Children
    • Nutrition
    • Research
    • Regulatory
    Related Knowledge Center
    • Functional Foods & Beverages
    • Healthcare Trends
    Suggested For You
    Superfood Ingredients Remain A Major Trend in Beauty Superfood Ingredients Remain A Major Trend in Beauty
    Diana Morgan, Founder of What’s Up With Supps, Leads with Passion and Purpose  Diana Morgan, Founder of What’s Up With Supps, Leads with Passion and Purpose
    Maypro Appoints May Yamada-Lifton as Chief Operating Officer Maypro Appoints May Yamada-Lifton as Chief Operating Officer
    Going Beyond ISO Certification: What CBD/Cannabis Companies Need to Look for Going Beyond ISO Certification: What CBD/Cannabis Companies Need to Look for
    Vitafoods Europe Requires ‘COVID Certificate’ Confirming Vaccination or Recent Negative Test Vitafoods Europe Requires ‘COVID Certificate’ Confirming Vaccination or Recent Negative Test
    OmniActive Names Adam Adelmann Chief Commercial Officer OmniActive Names Adam Adelmann Chief Commercial Officer
    CRN Event Lineup to Include Pfizer and Google Execs, Political Analyst, Economists and More CRN Event Lineup to Include Pfizer and Google Execs, Political Analyst, Economists and More
    'What’s Up With Supps' Hosts Live Industry Event in NJ
    Lonza to Acquire Capsugel for $5.5 Billion Lonza to Acquire Capsugel for $5.5 Billion
    Mamma Chia Adds New Senior Leadership Mamma Chia Adds New Senior Leadership
    Cocoa Compound Linked to Cardiovascular Biomarker Improvements Cocoa Compound Linked to Cardiovascular Biomarker Improvements
    Katie C. Doyle Named CEO of Swanson Health Products Katie C. Doyle Named CEO of Swanson Health Products
    An Interview with Sandy Bigelow of Vanguard Global Associates An Interview with Sandy Bigelow of Vanguard Global Associates
    Solid Dosage Outsourcing Trends Solid Dosage Outsourcing Trends
    EAS Strategies to Advise Attendees at Vitafoods Asia 2015 EAS Strategies to Advise Attendees at Vitafoods Asia 2015

    Related Features

    • Cosmeceuticals / Nutricosmetics | Natural/Organic | Skin Health
      Superfood Ingredients Remain A Major Trend in Beauty

      Superfood Ingredients Remain A Major Trend in Beauty

      Proponents say green tea, moringa, and papaya deliver a range of benefits to skin while some experts remain skeptical.
      By Navin M. Geria, Ayurderm Technologies, LLC 09.01.22

    • Dietary Supplements | Regulations
      Diana Morgan, Founder of What’s Up With Supps, Leads with Passion and Purpose

      Diana Morgan, Founder of What’s Up With Supps, Leads with Passion and Purpose

      New VP of Global Regulatory at Nutrabolt has built a must-attend series of networking events.
      By Sheldon Baker 04.14.22

    • Dietary Supplements | World Markets
      Maypro Appoints May Yamada-Lifton as Chief Operating Officer

      Maypro Appoints May Yamada-Lifton as Chief Operating Officer

      Yamada-Lifton brings 20 years of leadership experience in the pharmaceutical, data science, and finance industries.
      03.24.22


    • Healthcare Trends | Herbs & Botanicals | Quality & Safety | Regulations | Testing
      Going Beyond ISO Certification: What CBD/Cannabis Companies Need to Look for

      Going Beyond ISO Certification: What CBD/Cannabis Companies Need to Look for

      In the absence of FDA standards, here are tips on how to choose the right lab for CBD and cannabis.
      By Sandra E. Lee, CEO, NJ Labs 11.04.21

    • Breaking News | Dietary Supplements | Industry & Market News | World Markets
      Vitafoods Europe Requires ‘COVID Certificate’ Confirming Vaccination or Recent Negative Test

      Vitafoods Europe Requires ‘COVID Certificate’ Confirming Vaccination or Recent Negative Test

      New hybrid format offers industry ways to connect in-person at Palexpo in Geneva (Oct. 5-7) and online (Oct. 4-8).
      09.27.21

    Loading, Please Wait..
    Trending
    • Vitamin D Supplementation Reduces Risk Of Dynapenia
    • NOW Switches To Bottles Made From 100% Post-Consumer Recycled Resin
    • Shiitake Mushroom Extract Appears Helpful In HPV Infections
    • CBD Expectations: What Happens At FDA And Congress After Agency Seeks New Framework?
    Breaking News
    • GOED Elects New Board Officers for 2023
    • Aspire Hires Darrec Jones as VP of Business Development
    • Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women
    • BAPP Paper Reviews Common Adulteration Practices Which Go Undetected
    • CRN Announces Promotions and Welcomes New Staff Member
    View Breaking News >
    CURRENT ISSUE

    Jan/Feb 2023

    • Healthy, Clean Label Snacks and Nutrition Bars Help Fill Nutrient Gap Cleaved By Modern Lifestyles
    • Magnesium: An Essential Mineral with Many Forms and Functions
    • Vitamin D: A Fixture of Supplementation and Fortification
    • Health Benefits of Vitamin K: A Contemporary Cornerstone of Heart and Bone Health
    • All Eyes on Vision Health
    • Researchers Develop New Global Estimate of Medicinal Plant Species and Conservation Status
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    GOED Elects New Board Officers for 2023
    Aspire Hires Darrec Jones as VP of Business Development
    Pycnogenol Supplementation Linked to Better Hair Density in Menopausal Women
    Coatings World

    Latest Breaking News From Coatings World

    ROSS Offers Heavy-Duty Three Roll Mills for High Viscosity Dispersions
    PPG Achieves ISO 14001 Certification of Environmental Management System
    AmCoat’s Rhino Shield and Floor Shield Break Records in 2022
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Study: Smartphone Therapeutic Helps Improve Fibromyalgia in Patients
    Sightpath Medical Acquires Accusite Surgical
    Sissel Lønning Andresen Named LINK Medical CEO
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Merck Revenues Up 22% for the Year to $59.3B
    BioNTech SE Completes Proprietary Plasmid DNA Manufacturing Facility in Marburg, Germany
    Dragonfly Therapeutics Appoints Joseph Eid as President of Research & Development
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    e.l.f. Beauty Net Sales Grow 49% in Third Quarter of 2023
    DOVE Introduces ‘Next-Gen’ Body Wash in Sleek New Sustainable Bottle
    Ariana Grande Agrees to Purchase Assets Tied to r.e.m. beauty from Forma Brands
    Happi

    Latest Breaking News From Happi

    CVS Introduces New Beauty, Personal Care Brand One+Other
    Sharon Personal Care Expands Green Product Portfolio and Formulation Capabilities
    Ecolab Enters Consumer Retail with New Ecolab Scientific Clean Brand at Home Depot
    Ink World

    Latest Breaking News From Ink World

    International Paper Named to Fortune's List of World's Most Admired Companies
    Flint Group Launches Sustainable UV LED Dual Cure Ink
    Smurfit Kappa's Sustainable Solutions Take Home Eight WorldStar Awards
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Brook + Whittle acquires LLT Labels
    ABG adds laser perforation to shrink sleeve seaming solution
    PPC Flexible Packaging acquires Israel-based StePac, MAPfresh Holdings
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Qvin Menstrual Blood Diagnostic Device Receives FDA Approval in Thailand
    Andritz, KCF Technologies Form Agreement
    Freudenberg e-Power Systems, LG Energy Solution Announce Partnership
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Adrian Tyndall Joins Axogen's Board of Directors
    ADSM-Synchro Medical Acquired by Tyber Medical
    Solid Growth Ahead for Orthopedic Power Tools Market
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Infineon Concludes Very Profitable 1Q 2023
    LOPEC 2023: Here are the Highlights for Printed Electronics
    Employee-Led Giving at ORNL Provides $937,000 to Area Nonprofits in 2022

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login