Search results
Results from the Tech24 Deals Content Network
In recent years, Nestlé Health Science has made several acquisitions: CM&D Pharma Ltd., a company that specialises in the development of products for patients with chronic conditions like kidney disease; and Prometheus Laboratories, a firm specialising in treatments for gastrointestinal diseases and cancer.
ZURICH (Reuters) -Nestle intends to keep its Health Science unit, Chairman Paul Bulcke said in a newspaper interview published on Sunday, after the food giant announced it was replacing its CEO ...
Nestlé has been involved in a significant number of controversies and has been criticized a number of times for its business practices. [ 1 ] Since the 1970s, the criticism of Nestlé increased, about the company's reported use of. slavery, child labor, incidents of contaminated and infested food products,
As shareholder. Nestlé owns 23.29% of L'Oréal, the world's largest cosmetics and beauty company, whose brands include Garnier, Maybelline, Lancôme and Urban Decay. Nestlé owned 100% of Alcon in 1978. In 2002 Nestlé sold 23.2% of its Alcon shares on the New York Stock Exchange.
Nestlé USA just announced that it has acquired Freshly for $1.5 billion — $950 million plus potential earnouts of up to $550 million based on future growth. Founded in 2015, Freshly is a New ...
Nestlé-Wyeth Nutrition (formerly owned by Pfizer after the acquisition of Wyeth in 2009) provides food products to meet the needs of infants, young children and adults. Through scientific research, they claim to help nourish children when breastfeeding is not an option. Wyeth Nutrition started in 1915 when Henry Grestberger manufactured the ...
ZURICH/LONDON (Reuters) -Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of leadership as it faces a challenge ...
Nestlé, the food and drink behemoth, has acquired 49.95% of the company’s shares. The financial terms of the deal are not being disclosed by the companies, but according to reliable sources ...