Nestle to buy Gerber for $5.5bln

Nestle & GerberFrom WZZM/AP

“Nestle SA announced today that it will buy the Michigan-based baby-food maker Gerber Products Co. from pharmaceutical giant Novartis AG for $5.5 billion, pushing it to No. 1 in the world’s baby food market.”

This is probably of interest to a lot of readers, since the main audience for this site is from the Fremont area.  Last time this happened was when Sandoz bought out Gerber, and it was then merged into Novartis.  Chances are pretty good that you either have a relative working for Gerber, or know someone who does.

Hopefully, Nestle will leave Gerber in Fremont.  It would become a ghost town if they were to leave.