Nestle India has received an approval for acquisition of Pet Foods Business (PFB) from Purina PetCare India through business transfer, proposed with effect from October 1, 2022. The Board of Directors at their meeting held on July 28, 2022 approved the same. The business transfer (slump sale) would entail transfer of all assets and liabilities related to PFB including employees of Purina Petcare India.
Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.
