Gerber
Gerber Products Company was one of Nestle’s many targets, and in 2007 the conglomerate acquired it for $5.5 billion. This was a fantastic move for the Swiss giant, successfully securing the majority of the baby food business. This is obviously an incredibly beneficial market. It was when Mrs. Gerber commenced cooking baby food in 1927 for their baby girl that this company took off. After seeing just how much his daughter enjoyed his wife’s cooking, Daniel Frank Gerber was convinced that he had a real business on his hands, starting off with five delicious varieties. It is amazing to see how something started in someone’s kitchen can become a universally enjoyed product.
Gerber
ADVERTISEMENT
