Deals·October 21, 2026 at 7:25 AM EDT·6 sources
Abbott Plans to Spin Off Its Nutrition Business
ABT +1.2%GS
ABT · last 30 trading days+1.2% since the news
News
Abbott sales after separationapproximately $42 billion
Nutrition annual salesapproximately $8.5 billion
What happened
- Abbott intends to separate its global Nutrition business into an independent, publicly traded company distributed to Abbott shareholders.
- The Nutrition company is expected to have approximately $8.5 billion in annual sales and brands including Ensure, PediaSure, Glucerna, Similac and Pedialyte.
- Abbott expects to complete the separation by the end of 2027, subject to regulatory approvals, a Form 10 registration statement and final board approval.
Nutrition annual sales
approximately $8.5 billion
Abbott sales after separation
approximately $42 billion
Expected completion
by the end of 2027
Nutrition employees
about 16,000
Why it matters
The planned spin-off would create a separately traded nutrition company while leaving Abbott focused on medical devices, diagnostics and established medicines. It is relevant to healthcare investors and corporate-finance professionals assessing portfolio focus, capital allocation and separation execution.
What to watch. Regulatory approvals, effectiveness of the Form 10 registration statement, final Abbott board approval and completion by the end of 2027.
Deal terms
spin off
Abbott Nutrition business
Value
—
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Timeline
- EarlierOct 18Tokenized stock trading takes off overseas as Goldman, other U.S. companies object
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- First reported by PR NewswireOct 21Abbott announces its intention to separate its global Nutrition business into an independent, publicly traded company
- Bloomberg reportsOct 21Abbott Plans to Spin Off Its Nutrition Business
- The Wall Street Journal reportsOct 21Abbott to Carve Out Nutrition Business Into Independent Company
- Financial Times reportsOct 21Abbott to spin off nutrition unit at centre of baby formula lawsuits
- MedTech Dive reportsOct 21Abbott plans to spin out its nutrition business
- Food Dive reportsOct 21Abbott plans to spin out its nutrition business
Who is involved
Abbott Plans to Spin Off Its Nutrition BusinessAbbott Nutrition businesstargetGoldman Sachs & Co. LLCGSWachtell, Lipton, Rosen & KatzAbbott LaboratoriesABTDaniel Salvadori
CompanyAdvisorPerson
Sources (6)
- PR NewswireOct 21Abbott announces its intention to separate its global Nutrition business into an independent, publicly traded company
- BloombergOct 21Abbott Plans to Spin Off Its Nutrition Business
- The Wall Street JournalOct 21Abbott to Carve Out Nutrition Business Into Independent Company
- Financial TimesOct 21Abbott to spin off nutrition unit at centre of baby formula lawsuits
- MedTech DiveOct 21Abbott plans to spin out its nutrition business
- Food DiveOct 21Abbott plans to spin out its nutrition business
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