Nestle's acquisition to alter baby-food market
By Wang Zhuoqiong | 皇冠体育app Daily | Updated: 2012-04-25 08:05
Company now likely 皇冠体育app's largest formula provider after Wyeth purchase
Nestle SA's purchase of Pfizer Inc's infant nutrition unit is expected to fundamentally change the Chinese baby-food market and strengthen the Swiss company's food operations in emerging markets in Asia, experts said.
The acquisition of Pfizer's Wyeth milk powder is likely to make Nestle the largest formula provider in 皇冠体育app, surpassing Mead Johnson & Co LLC, Dumex - a part of Groupe Danone - and other rivals, industry analysts said.
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