Some of the world’s largest dairy companies, including Danone, Nestle and privately-owned Lactalis, have this month recalled batches of infant milk formula as a precaution due to possible contamination with cereulide, a toxin that can cause nausea and vomiting.
Babybio, a brand of privately-owned Vitagermine, said on its website it had recalled three specific batches of infant formula.
Danone’s share price fell 2.5% and Nestle’s was down by over 1% by 0830 GMT.
“In the current sector context and following recent changes in the authorities’ recommendations, we have conducted new investigations,” Babybio said. “The results we have just received have led us to take the decision today to withdraw three batches strictly limited to Optima 1 infant formula for newborns.”
COS TO SUFFER FINANCIAL HIT
The recalls highlight how a single compromised ingredient can spread through the tightly regulated infant nutrition sector, triggering swift action from regulators and causing market jitters.- Agencies
