Sunrise, FL -- Wellnext LLC, a vertically-integrated developer, manufacturer, and marketer of dietary and nutritional supplements, announces the acquisition of NeoCell, a leading collagen supplement company, based in Irvine, California. For nearly two decades, NeoCell has specialized in collagen-based supplements for joint, bone, and muscle health using advanced formulas based on...
Laval, Quebec – Aker BioMarine Antarctics AS is buying the krill oil assets of Neptune Technologies & Bioresources Inc. for $34 million cash Investment research firm Morningstar called it a “transformative transaction” allowing acceleration of Neptune’s expansion in more innovative segments while providing Aker BioMarine’s business more scale. This will...
Cerritos, CA – Dietary supplement contract manufacturer Captek Softgel International, has acquired J+D Labs Pharma Manufacturing for an undisclosed price. Captek is a portfolio company of Swander Pace Capital and this acquisition, announced by SPC, continues the firm’s focus on investing in and growing industry-leading vitamin, mineral and supplement companies.
Cranbury, NJ -- Innophos Holdings, Inc. (NASDAQ: IPHS) announced on Tuesday that it entered into a definitive merger agreement to acquire Novel Ingredients, a New Jersey-based provider of dietary supplement ingredient solutions primarily owned by GenNx360 Capital Partners, a New York-based private equity firm. The merger will create a nearly...
Vancouver, Canada – Plant-based food manufacturer Daiya Foods Inc. is being sold to Otsuka Pharmaceutical Co., Ltd., and the reported $325.3 million acquisition will help increase Daiya’s presence throughout North America while creating a global plant-based platform, the company announced. Otsuka operates worldwide, including in the US and Canada, where...
Seattle, WA -- Toosum Healthy Foods, LLC announced the expansion of its platform of all-natural snack foods with the acquisition of the health bar brand Kutoa. “We are committed to only providing top quality products made with wholesome ingredients,” explained Toosum founder Peter Guyer, in a press release. “By working with Kutoa,...
Austin, TX – Whole Foods Market reported record quarterly sales of $3.7 billion on Wednesday, and while comparable store sales decreased by 1.9%, that is an upward trend. Net income for the third quarter ending on July 2 was $106 million. On June 16, Amazon and Whole Foods Market announced...
Ronkonkoma, NY — Global investment firm KKR is buying a majority stake in health and wellness product leader The Nature’s Bounty Co. from The Carlyle Group. Even though The Carlyle Group is selling most of its control of Nature’s Bounty it still has a financial hand in the company. All...
San Diego, CA – Transaction activity in the Nutrition and Health & Wellness Industry increased 22%, with 436 deals in the first half of 2017, and shows no signs of slowing down, reports Nutrition Capital Network (NCN). The advisory firm’s transaction database revealed mergers and acquisitions were up 33% and...
According to a report by CNBC, grocers are starting to notice a shift in customer habits. Increasingly, customers are avoiding the center aisles and concentrating their purchases around the perimeter, choosing produce and other fresh food items such as bakery, deli, seafood and meat products over packaged foods. This is...
