Friday, February 01, 2008
Consolidation in the baby food industry
The baby food industry is consolidating, creating every more powerful companies.
Last year Nestlé took over Gerber baby foods. Danone took over NUMICO (makers of Nutricia, Milupa and Cow & Gate brands).
Now Mead Johnson is being put up for sale by Bristol Myers Squibb and Nestlé and Danone are rumoured to be in the market for it. See this report in the Financial Times.
More on this later.
Last year Nestlé took over Gerber baby foods. Danone took over NUMICO (makers of Nutricia, Milupa and Cow & Gate brands).
Now Mead Johnson is being put up for sale by Bristol Myers Squibb and Nestlé and Danone are rumoured to be in the market for it. See this report in the Financial Times.
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