As a result of the successful conclusion of the regulatory process, Nestle completed its acquisition of Gerber, the iconic US baby food brand, on 31 August , with effect on 1 September 2007. Consequently, the integration process of Gerber will now begin as about 4,500 Gerber employees, with their specific know-how and expertise, join the Nestle Group.
This is a major step in Nestle'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 USA, and clearly establishes Nestle Nutrition as the global leader in this sector.
The acquisition of Gerber, which comes in the wake of the Jenny Craig and Novartis Medical Nutrition purchases, transforms Nestle Nutrition into a business approaching CHF 10 billion in sales with an enhanced critical mass and access to the Group's global R&D network to drive innovation.
Source: Nestle
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