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2018 NCN News
NCN News: December 20, 2018
Tivity Health Inc. (Nashville, Tennessee), a provider of health and fitness programs, is buying Nutrisystem Inc. (Fort Washington, Pennsylvania) for $1.3 billion in cash and stock. Tivity Health generated revenue of $453.3 million for the nine months ending Sept. 30, from programs including SilverSneakers, Prime Fitness, WholeHealth Living and flip50. Nutrisystem owns Nutrisystem weight loss products and services, the South Beach Diet and DNA BodyBlueprint, generating revenue of $561.5 million for the nine-month period.
NCN News: December 11, 2018
The Kraft Heinz Company (Pittsburgh, Pennsylvania) is acquiring Primal Nutrition LLC (Oxnard, California), maker of Primal Kitchen branded products, for approximately $200 million. Expected to generate approximately $50 million in net sales this year, Primal Kitchen is a better-for-you brand of condiments,sauces, dressings and avocado oil, as well as protein powders and snack bars.
NCN News: November 26, 2018
Post Holdings Inc. (St. Louis, Missouri) has announced an initial public offering to establish its Active Nutrition division as a “pure-play, high growth companywith strategic flexibility to pursue strong organic and M&A opportunities.” Active nutrition houses ready-to-drink protein beverages, protein powders, nutrition bars and nutritional supplements under the Premier Protein, Dymatize, PowerBar, Supreme Protein and Joint Juice brands.
NCN News: November 13, 2018
Publicly traded Flowers Foods Inc. (Thomasville, Georgia) is acquiring Canyon Bakehouse LLC (Johnstown, Colorado), a gluten-free baking company, forapproximately $205 million. Canyon Bakehouse offers 21 gluten-free breads, buns, bagels, English muffins and specialty items, and is expected to generate sales of approximately $70 million to $80 million in 2019.
NCN News: October 30, 2018
Kite Hill (Hayward, California), a maker of dairy alternatives made with nut milk, announced a $40 million capital round led by 301 INC, General Mills’ venture unit, with CAVU Venture Partners participating.
NCN News: October 16, 2018
Glanbia PLC (Kilkenny, Ireland) is buying SlimFast (Palm Beach Gardens, Florida) and certain supplement brands for $350 million from Kainos Capital...
NCN News: September 25, 2018
The Coca-Cola Company (Atlanta, Georgia.) has acquired Organic & Raw Trading Co. (Willunga, South Australia), maker of the Mojo brand of naturally fermented organic kombucha drinks...
NCN News: August 26, 2018
Recent transactions in the nutrition and health & wellness industry…
NCN News: August 14, 2018
Recent transactions in the nutrition and health & wellness industry…
NCN News: July 24, 2018
Recent transactions in the nutrition and health & wellness industry Sensient Technologies acquires Mazza Innovation’s botanical extract technology Sensient Technologies (Milwaukee, Wisconsin) has acquired Mazza Innovation Ltd.…
NCN News: July 10, 2018
Recent transactions in the global nutrition and health & wellness industry ADM acquires probiotics brand and contract manufacturer Archer Daniels Midland Company (ADM, Chicago, Illinois) is…
NCN News: June 26, 2018
Recent transactions in the nutrition and health & wellness industry Owner of Vita Coco acquires RUNA natural energy drinks All Market Inc. (AMI, Framingham, Massachusetts), the maker…
NCN News: June 12, 2018
Recent transactions in the nutrition and health & wellness industry Clearly Kombucha acquired by Molson Coors Molson Coors (Denver, Colorado) has acquired Clearly Kombucha (Fairfield, California),…
NCN News: May 22, 2018
Recent transactions in the nutrition and health & wellness industry Good Eggs secures $50 million for California expansion Good Eggs (San Francisco, California), the online grocer and…
NCN News: May 9, 2018
Recent transactions in the global nutrition and health & wellness industry Frutarom acquisition will boost IFF’s standing in natural ingredients After making 39 acquisitions in the…
NCN News: April 24, 2018
Recent Transactions in the Nutrition and Health & Wellness Industry P&G to acquire Merck consumer-health business, including European supplement brands The Procter & Gamble Company (P&G, Cincinnati,…
NCN News: April 10, 2018
Recent Transactions in the Nutrition and Health & Wellness Industry Campbell creates accelerator unit to drive growth, including Campbell Fresh Campbell Soup Company (Camden, New Jersey) announced…
Commentary: Nutranext brings Clorox more than supplements
Over the last year, large strategic and financial investors have invested richly in the dietary supplement industry. Private equity giant KKR acquired The Nature’s Bounty Co. in…
NCN News: March 27, 2018
Recent Transactions in the Nutrition and Health & Wellness Industry Spindrift sparkling water completes $20 million funding Spindrift (Newton, Massachusetts), a sparkling water flavored with real…
NCN News: March 13, 2018
Clorox announces agreement to acquire supplement company Nutranext The Clorox Company (Oakland, California) will acquire Nutranext (Sunrise, Florida), a vertically integrated manufacturer and marketer of dietary supplement…
NCN News: January 26, 2018
Cargill invests in PURIS pea protein production Cargill (Minneapolis, Minn.) has signed a joint venture agreement with Minneapolis-based PURIS (formerly World Food Processing), a family owned company…
NCN News: January 16, 2018
Enterome secures €32 million Series D financing and EIB loan Enterome SA (Paris, France and Cambridge, Mass.), a clinical-stage biotech company pioneering therapies to treat microbiome-associated diseases,…