Announced
Completed
Synopsis
Jamieson Wellness, a manufacturer, distributor and marketer of high-quality natural health products, completed the acquisition of Nutrawise Health & Beauty, a manufacturer of health and wellness products, for $210m. “This transaction is a major strategic milestone for Jamieson, accelerating our expansion in the world’s largest vitamin, mineral and supplement market. Youtheory’s co-founders Darren and Patty Rude have built a remarkable company and brand that is highly complementary to our existing portfolio and perfectly aligned with our commitment to providing consumers with high-quality products they can trust. The transaction is immediately accretive to Jamieson, and we see significant opportunities for future growth synergies as we leverage our broad product portfolio, best-in-class operational capabilities and global footprint to accelerate youtheory’s expansion across multiple categories and channels in the United States and around the world," Mike Pilato, Jamieson Wellness President and CEO.
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