Le Temps, Fre - Novartis has announced the sale of Gerber, its line of baby foods, to Nestlé, for SFr6.7 million in cash. The sale makes Nestlé the world's number one baby food company. The line is expected to create turnover of SFr10 billion.
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Novartis sells Gerber to Nestlé
April 12, 2007 - 09:49 Basel, Switzerland, Vevey, VD, Switzerland :: posted by Ellen Wallace
April 12, 2007 - 09:49 Basel, Switzerland, Vevey, VD, Switzerland :: posted by Ellen Wallace