Mead Johnson Acquires Strategic Capabilities and Capacity in Australia
“We believe that supply chain flexibility is important in the pediatric
nutrition category,” commented Kasper Jakobsen, president and chief
executive officer. “This acquisition further strengthens our ability to
protect and expand our growth in
“Bega is known the world over for its pure, high-quality dairy sourcing and its environmentally responsible operations,” noted Jeff Jobe, Senior Vice President – Global Operations. “These outstanding facilities – with which we are very familiar – are a perfect fit for our global supply chain network, which is built on our uncompromising commitment to scientific rigor and product quality.”
“In our drive to become even more consumer-centric, this move also enables us to better respond to evolving consumer preferences and to compete effectively in additional market segments in China,” added Jakobsen.
The transaction is expected to close in the second quarter of 2017.
About Mead Johnson
Mead Johnson, a global leader in pediatric nutrition, develops, manufactures, markets and distributes more than 70 products in over 50 markets worldwide. The company’s mission is to nourish the world’s children for the best start in life. The Mead Johnson name has been associated with science-based pediatric nutrition products for over 110 years. The company’s “Enfa™” family of brands, including Enfamil® infant formula, is a world leading brand franchise in pediatric nutrition.
Today, with sites spread from Bega to