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Abbott Nutrition (name TBA)

Announced
What it does

Makes infant formula (Similac), adult nutrition drinks (Ensure, Glucerna) and rehydration products (Pedialyte), sold worldwide.

Nutrition productsConsumer staples

Abbott's nutrition business: infant formula, adult nutrition and rehydration drinks, about $8.5bn of annual sales.

Status
Announced
Expected
By end of 2027
Parent
Abbott Laboratories (ABT)
Spin-off ticker
To be announced
Market
United States
Sector
Consumer staples

Terms

Announced 21 Oct 2026 with third-quarter results: a tax-free distribution of the new nutrition company's shares to Abbott shareholders, to be completed by the end of 2027. Needs regulatory approvals, an effective Form 10 and final board approval. Daniel Salvadori, head of Established Pharmaceuticals and Nutritional Products, is CEO-designate.

Key dates

  1. Separation announced
  2. Targeted completion

Source documents

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