Citation Capital, a private equity firm, agreed to acquire a majority stake in Cibo Vita, a natural and functional snacks producer, for $480m. "Our vision in founding Cibo Vita was to bring healthier snacking options to all families, inspired by our Mediterranean roots. Throughout our history, we have experienced phenomenal growth, attributed to our innovation capabilities, commitment to quality, and a drive to meet the needs of consumers increasingly seeking healthier functional snacking. We sought out a strategic partner that could help ensure that we stay on the forefront of innovation and who is aligned with our personal core values," Emre Imamoglu, Cibo Vita CEO.