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  7. Durex buys Baby Food !

Durex buys Baby Food !

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10 Feb 2017 14:18 #334919 by ketchim
Why would a Condom company buy a baby food company ??  :-\

The UK-based maker of Durex said the purchase would help it grow in China,

and provide "a significant step forward" in its efforts to become a

"leader in consumer health".

Mead Johnson makes infant formula under the Enfa brand

and had sales of $3.7bn in 2016.

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10 Feb 2017 14:19 #334920 by ketchim
Kwami, never mind ...I got it !  ;)

China's 2015 decision to scrap its one-child policy

could be an opportunity for consumer goods companies.

Couples are now allowed to have two children  8)

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10 Feb 2017 17:47 #334965 by ketchim
Chinee man no longer interested  :)

                 

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10 Feb 2017 22:39 #334978 by Kwami
Actually it makes perfect sense that a condom company would buy a baby food company especially if they want to do business in China. They will make sure that there is a hole in the condom and when they thought that they are practice birth control , a baby boom will occur instead ... More baby food sales

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