Nestle(US:NSRGY) Nan Fang Du Shi Bao·2025-12-01 08:21Core Viewpoint - Nestlé announced a restructuring plan in the Greater China region, merging its Wyeth Nutrition and Nestlé Infant Nutrition businesses to form a new Nestlé Nutrition business starting January 1, 2026, aiming to enhance market competitiveness and sustainable growth [2][4]. Group 1: Organizational Changes - The new Nestlé Nutrition business will be led by Joel Seah, who previously served as the director of Nestlé's infant formula business in mainland China [3]. - The merger aims to combine the strong brand influence of Wyeth's products with Nestlé's advantages in industry and channels, reinforcing its leadership in the infant nutrition market in China [2][4]. - The restructuring is part of a broader trend within Nestlé, which has seen frequent executive changes and a shift from five global regions to three, with the Greater China region now included in the Asia, Oceania, and Africa (AOA) zone [3]. Group 2: Financial Performance - Nestlé's overall sales for the first nine months of the year reached 65.9 billion Swiss francs, a decline of 1.9%, but with an organic growth of 3.3% [3]. - In contrast, the Greater China region reported a sales figure of 2.47 billion Swiss francs (approximately 22.3 billion RMB) for the same period, reflecting a year-on-year decline of 6.4%, which is more significant than the overall group decline [4]. - The organic growth rate for the Greater China region was -10.4% in the third quarter, continuing a downward trend from the second quarter, indicating ongoing challenges in this market [4].