Announced
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Synopsis
USANA, a company that develops and sells science-based nutritional and personal care products, completed the acquisition of a 79% stake in Hiya Health, a provider of high-quality children’s health and wellness products, for $205m. "The Hiya brand is a natural fit for USANA and this acquisition represents a key strategic milestone for our business. This strategic acquisition adds a diversified layer of growth to USANA’s overall business, while maintaining our commitment to our core direct sales business, where we continue to invest in initiatives to drive growth," Jim Brown, USANA President and CEO.
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