Nestle SA / Pfizer Nutrition (Pfizer Inc. infant nutrition unit)
2012 · Asset Purchase · $11.8B · Complete
Nestle acquired Pfizer Nutrition (infant formula carve-out from Wyeth heritage) for $11.85B cash. Strengthened Nestle position in emerging-market infant nutrition (especially China). Note: borderline consumer-health categorization; included given carve-out from a top-15 pharma.
Did it work? Outcome assessment
Strategic verdict
Achieved Stated Rationale
Financial impact
Accretive
Pipeline outcome
Assets Advanced
Assessment window: 5yr post-close.
Key facts
AnnouncedApr 23, 2012
ClosedNov 30, 2012
Deal value$11.8B
Deal typeAsset Purchase
Therapeutic areaInfant nutrition
IndicationsInfant nutrition
Key assetsS-26 Gold, SMA, Promil infant formula brands