Swiss corporation Nestle announced its intention to buy frozen pizza businesses owned by Kraft Foods Inc. In particular, such brands as DiGiorno и Tombstone. The deal will amount to 3.7 billion US dollars. Wall Street Journal.
The deal will allow Nestle to become a leader in the production and sale of frozen pizzas, in addition, North America, where the business is geographically located, is the main market for the consumption of this product.
Simultaneously with the expansion of the food sector Nestle reduces its presence in the field of pharmacology, a few days earlier the company's share in a pharmaceutical company was sold Alcon Inc. In the asset Nestle today there is only one non-food and beverage asset left - 29% shares of a French cosmetics corporation L`Oreal.
