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Wessanen shows interest - Company News - Wessanen Nederland BV considering purchase of Novartis AG nutrition and health business - Brief Article

Wessanen, the Netherlands-based food group, has shown an interest in the health and nutrition business recently put on the market by Swiss company Novartis, (see Eurofood, 14 February 2002, p3).

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Novartis is selling the business to concentrate on its core activities. Although no asking price has been re leased, the business generated a turnover last year of some 575m [euro].

Koos Kramer, a board member at Wessanen said, "We are interested based on the information we currently have."

The business up for grabs includes the Ovaltine brand of chocolate drink and the Isotar sports drink.

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