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Announced

WM Partners to acquire Vega from Danone.

Synopsis

WM Partners, a middle-market private equity firm specializing in buyout investments in the health and wellness sector, agreed to acquire Vega, a pioneer of the plant-based nutrition industry and a brand in plant-based protein powder in both the US and Canada, from Danone, a multinational food-products corporation based in Paris. Financial terms were not disclosed. "We are excited to work with Vega, the pioneers and leaders of the plant-based nutrition industry and look forward to implementing our operational playbook to create additional value" Jose Minski, WM Partners Co-Founder.

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