Tuesday, February 26, 2013

Nestle buys U.S. medical foods firm Pamlab

The headquarters of food giant Nestle is pictured in VeveyZURICH (Reuters) - Nestle has agreed to buy U.S. medical foods company Pamlab, the latest in a string of recent acquisitions as the world's biggest food group expands in health and nutrition. Nestle Health Science, which was set up in 2011 as the Swiss-based firm seeks to profit from growing demand for medical foods from an ageing population, said it was not disclosing terms of the deal, which is subject to regulatory approval. ...


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