Strategy

Nestle to Acquire Pfizer Nutrition for $11.85 Billion

The transaction will combine well-known brands like S-26 Gold, SMA and Promil with Nestl's existing portfolio of trusted and successful brands such as Nan, Gerber, Lactogen, Nestogen and Cerelac infant cereal.
Beam to Acquire Pinnacle Vodka

Pinnacle Vodka, with 2012 volumes expected to exceed three million 9-liter cases, is expected to significantly enhance Beams presence in the large, growing vodka category.
Kraft, Costa Partner for Coffee in Europe

This agreement is another step forward towards Kraft's ambition to make Tassimo Europe's leading single-serve beverage system.
P&G Partners with De'Longhi for Braun Brand

The Braun business associated with the transaction has revenues of approximately 200 million Euro, mainly concentrated in European markets.
Kraft Discontinues Athenos Greek Yogurt

Kraft Foods Inc. is discontinuing its Athenos line of Greek yogurt after barely two years.
Perry Ellis Strengthens Digital Commerce Strategy

Iconic fashion brand replaces legacy platform with a cloud-based commerce platform to help drive innovation and growth.
Coty Reaffirms Interest in Avon

In a letter sent to Avon's CEO Andrea Jung earlier this week, Coty Inc. encourages the Avon board to open negotiations.
Hallmark Acquisition Expands Digital Presence

The acquisition of SpiritClips offers Hallmark a new way to engage consumers in the digital world and a potential new channel of distribution for the brand.

ConAgra Foods to Expand Frozen Breakfast Portfolio