Park City, UT — Nutraceutical International Corporation has entered into an agreement under which an affiliate of HGGC, LLC, a middle-market private equity firm, will acquire the company in a transaction valued at about $446 million that includes debt to be refinanced. Under the terms of the agreement, Nutraceutical stockholders...
East Rutherford, NJ — All shares of Mushroom Wisdom, Inc. have been acquired by Hokuto Corporation, one of Japan’s biggest mushroom cultivators with annual sales of about $600 million. The transaction also includes the acquisition of Sun Medica, Co., Ltd, an affiliate of Mushroom Wisdom as well as the transfer...
Paris, France — AIDP, Inc. and Algaia, S.A. have announced their entrance into a distribution partnership to market Algaia’s alginates, naturally-occurring polysaccharides produced from brown algae, as well as other specialty marine-based solutions to customers in the United States, Canada and Mexico. The arrangement was finalized at Vitafoods in Geneva,...
Covington, KY — Ashland Global Holdings Inc. announced in a press release that its subsidiary has signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc., based in Kearny, NJ. As part of the terms of the stock purchase agreement, Ashland will pay a $660 million all-cash transaction expected...
Washington, D.C. — In July of 2016, Paris, France-based Danone SA announced its intention to acquire Denver, CO-based WhiteWave Foods Co. The firm has finally gained approval to proceed with the $12.5 billion buyout, its largest to date, but the Justice Department has made the purchase contingent on Danone selling...
Kilkenny, Ireland — Glanbia Plc has announced that it will invest a total of €181 million to acquire Newport Beach, CA-based Grass Advantage LLC (Amazing Grass) and Netherlands-based Body & Fit. The acquisitions in plant nutrition and the direct-to-consumer channel, respectively, are a strategic fit with the Glanbia Performance Nutrition...
Mumbai, India — Indfrag Ltd., a Bangalore-based company active in health and nutrition active ingredients market, has undergone an 85% stake acquirement by OmniActive health Technologies Ltd. All products related to Indfrag’s Food and Nutrition business are included in the acquirement and definitive agreements have been entered to acquire the...
Mumbai, India — Everstone Group has invested $35 million in a stake of Mumbai-based OmniActive Health Technologies Ltd. Everstone Group has been rapidly expanding in the nutraceutical space and its investment in OmniActive will give it a significant minority stake. Through the Everstone Group investment, OmniActive will have the ability...
Updated 1/5/17 Basel, Switzerland — Lonza Group LLT formally announced the acquisition of Capsugel for $5.5 billion in cash, including refinancing Capsugel's existing debt of $2 billion. Capsugel creates and manufactures a wide variety of innovative dosage forms for biopharmaceutical and consumer health and nutrition industries. As one of the world’s...
Washington, D.C.-based the Council for Responsible Nutrition was an exhibiting sponsor at #BlogHer16: Experts Among Us, a conference that brings together women bloggers. The group hosts a luncheon entitled, “Get Healthy; Get Wise,” about understanding the role of vitamins and other dietary supplements in living healthier lives. Nature’s Way Brands,...
.webp?height=180&t=1781270413&width=212 "shutterstock_633794078 (1).jpg")