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Image courtesy of Nestle The Swiss food and beverage firm’s Health Science business is expanding its presence in the active lifestyle nutrition space. Medical nutrition and consumer health firm Nestle Health Science has struck a deal to purchase Nuun, a supplier of low sugar functional hydration tablets and powders, positioning the firm to expand its presence in the active lifestyle nutrition market, a company release announced Monday. Financial details of the transaction were not revealed. “Every day, health-conscious consumers are becoming more aware of how fun...

11th May 2021 Just days after paying over $5bn for Bountiful’s main brands, Nestlé’s Health Science division has agreed on a deal to acquire functional hydration brand Nuun. Founded in the US in 2004, the company is said to have pioneered the separation of electrolyte replacement from carbohydrates in the sports beverage market. It now makes a range of effervescent tablets and powders containing additional minerals and vitamins for energy, relaxation and well-being. Nestlé stated that the Nunn range will complement its Health Science unit’s existing portfolio of active li...

In a US$5.75 billion deal that solidifies Nestlé as a powerhouse in the nutritional supplement industry, the Switzerland-based food giant on Friday announced an agreement to acquire several brands of The Bountiful Company, including Nature’s Bounty. KKR, a global investment firm, is selling to Nestlé Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride. Those Bountiful brands generated $1.87 billion in the 12 months ending March 31, with EBITDA (earnings before interest, taxes, depreciation and amortization) of 18.3%, according to Nestlé. Nestlé expects the deal to close in the ...

Updated / Friday, 30 Apr 2021 08:59 Today's deal is Nestle's latest expansion of its health and nutrition business Nestle has bought the main brands of vitamin and supplements maker The Bountiful Company for $5.75 billion, the world's largest packaged food company said today. The deal is the company's latest expansion of its health and nutrition business. The KitKat chocolate bar maker bought Bountiful from KKR in a deal which covers the US company's Nature's Bounty, Solgar, Osteo Bi-Flex and Puritan's Pride brands. Nestle had flagged talks earlier this week. The deal is expected to be compl...

Nestlé to Buy The Bountiful Company Core Brands for $5.75 Billion Women's Wear Daily (WWD) 10 hrs ago Jennifer Weil PARIS — Nestlé has entered into an agreement with KKR to acquire the core brands of The Bountiful Company for $5.75 billion. The deal includes the Nature’s Bounty, Solgar, Osteo Bi-Flex and Puritan’s Pride brands, plus the group’s private-label business in the U.S. More from WWD Earlier this week, it was announced that Nestlé was in talks to acquired all or part of The Bountiful Company, which is the leading pure player in the global nutrition and su...