New owners for Pfizer Limerick plant as Nestlé buys nutrition business

Pharmaceutical giant Pfizer has agreed to sell its nutrition business to Nestlé for $11.85bn (€9bn) in cash, it was announced today.

Mon, 23 Apr, 2012 - 12:44

Pharmaceutical giant Pfizer has agreed to sell its nutrition business to Nestlé for $11.85bn (€9bn) in cash, it was announced today.

The announcement, which follows a review of operations nine months ago, will affect the approximately 600 employees at the Pfizer nutrition plant in Askeaton, Co Limerick.

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CourtsBusinessHeathrowPlace: AskeatonPlace: Co LimerickPerson: Amy SchulmanOrganisation: NestleOrganisation: Pfizer
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