Following the green light from the regulatory authorities, Nestlé has completed its acquisition of Gerber, the US baby food brand.
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In a statement the company said that the integration process of Gerber will now begin as about 4,500 Gerber employees join the Nestlé Group.
“This is a major step in Nestlé’s transformation into the world’s leading nutrition, health and wellness company: it gives the group the number one position in the largest single baby food market worldwide, the US, and clearly establishes Nestlé Nutrition as the global leader in this sector,” the company said.
The acquisition of Gerber, which comes in the wake of the Jenny Craig and Novartis Medical Nutrition purchases, transforms Nestlé Nutrition into a business approaching CHF 10 billion in sales.
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