Kraft Foods and Heinz have refused to be drawn on reports linking them to rival bids for US infant food firm Mead Johnson.
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The two US food giants are rumoured to be interested in Mead Johnson, which is one of the leading baby formula businesses in the US.
A Kraft spokesperson told just-food today (13 December) that the company “does not comment on rumours or speculation”.
A spokesman for Heinz was equally coy, although he added that infant nutrition is a “growing business” for the company.
“Infant nutrition is a growing business for Heinz. In our second quarter, our infant nutrition business grew 26%,” the Heinz spokesman said. “We have a great infant nutrition business in countries such as Canada, Italy, China, the UK, Russia and Venezuela.”
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By GlobalDataOfficials at Mead Johnson’s owner, pharmaceutical group Bristol-Myers Squibb, could not be reached for immediate comment.
Nestlé owns US market leader Gerber, which it bought in April for US$5.5m.
