Announced
Completed
Synopsis
Nestlé Health Science, a company engaged in advancing the role for nutritional therapy, completed the acquisition of Nuun, a provider of functional hydration solutions, from TSG Consumer Partners, an investment company. Financial terms were not disclosed. "Everyday, health-conscious consumers are becoming more aware of how functional hydration products can add to their overall well-being as well as support them during exercise by replacing the minerals that the body loses. That growing awareness is reflected in the steady growth of the category. Nuun is a leader in the fast-growing functional hydration category with its high-quality, clean, plant-based products. We look forward to combining our companies’ expertise to bring Nuun to more people around the world," Greg Behar, Nestlé Health Science CEO.
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