SCHIPHOL AIRPORT, Netherlands, Nov. 3, 2005 (PRIMEZONE) -- Royal Numico N.V. announces that the company has sold its baby cereals business in Brazil to Nutrimental S.A. Industria e Comercio de Alimentos -- a privately owned company -- for an undisclosed amount. The divestment of the Brazilian cereals business, which includes a manufacturing plant, marks the completion of Numico's portfolio rationalisation. Numico has now divested all businesses that do not meet the criteria of Numico's strategic mission to be a high-growth, high-margin specialised nutrition company. The transaction will not have a material financial impact on Numico's results.
Royal Numico is a high-growth, high-margin specialised nutrition company with leading positions in Baby Food and Clinical Nutrition and brings products to the market under the brand names Nutricia, Milupa and Cow & Gate, among others. The company serves customers in over 100 countries and employs approximately 11,000 people (see also: www.numico.com).