Announced
Completed
Financials
Tags
Friendly
United States
wellness products
Private
Acquisition
Majority
Cosmetics
Single Bidder
Cross Border
Completed
Synopsis
Nestlé Health Science, a nutritional science company, completed the acquisition of a majority stake in Vital Proteins, a collagen brand and a lifestyle and wellness platform offering supplements, beverages, and food products. Financial terms were not disclosed. "This is an exciting opportunity for Nestlé Health Science to enter a growing area of nutrition with a successful brand. Our companies share the belief that nothing is more important than health, and everything we do is focused on that belief. In combining our efforts to optimize health through nutrition, we can achieve even more to help our consumers live fuller, more vibrant lives," Greg Behar, NHSc CEO.
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