Nestlé Health Science to acquire a majority stake in Orgain from Butterfly.

Nestlé Health Science, a nutritional science company, agreed to acquire a majority stake in Orgain, a plant-based functional nutrition platform, from Butterfly, a Los Angeles-based private equity firm. Financial terms were not disclosed. "Orgain was a mission before it became a company. Today, in partnering with Nestlé Health Science, we take a giant leap forward in pursuing that mission of providing accessible, healthy nutrition for all. Nestlé Health Science shares that mission and will help us to get better, cleaner nutrition products into the hands of more consumers than I ever imagined possible when I founded this company twelve years ago," Andrew Abraham, Orgain Founder and CEO.