Gerber
Original Headquarters: Florham Park, New Jersey
Purchased By: Nestle
Country: Switzerland
Nestle made headlines again in 2007 when it revealed plans to acquire Gerber Products Company for $5.5 billion. Nestle made a wise decision by acquiring the baby food retailer, which gave them the largest share of the global baby food market. As a market, it is notoriously profitable. Gerber has been assisting parents throughout the world since 1927, when Daniel Frank Gerber’s wife began making baby food for their daughter, Sally. Daniel had a lightbulb moment. Within no time, he had five goods ready for market. That number has risen dramatically since then.
Gerber
Hellman’s
Original Headquarters: New York City
Purchased By: Unilever
Country: England
Hellman’s mayonnaise is a refrigerator staple in most homes. That is the responsibility of one individual. Richard Hellmann, a German-born chef, created the recipe in 1905, putting his own spin on a French condiment and introducing it to America. Customers at Hellman’s delicatessen raved about it, so he marketed it on his own. By 1932, he had sold to Best Foods, where it remained for another 70 years. Unilever purchased the company in 2000, spending $20.3 billion on the brand, which began as a basic sauce in New York City.
Hellman’s
