Nestle Health Science has announced the acquisition of majority skate in Vital Proteins, a producer of supplements, vitamin, food, and beverage products.
Founded in 2013, Vital Proteins brand portfolio’s includes Atrium Innovations, Garden of Life, Pure Encapsulations, and Persona, distributed across 35,000 retailers.
Greg Behar, CEO of Nestle Health Science, said: “This is an exciting opportunity for Nestle Health Science to enter a growing area of nutrition with a successful brand. In combining our efforts to optimize health through nutrition, we can achieve even more to help our consumers live fuller, more vibrant lives.”
Kurt Seidensticker, founder and CEO of Vital Proteins, commented: “Joining Nestle Health Science allows us to take Vital Proteins to the next level by leveraging resources, scale, and capabilities, and moving toward a future with an expanded offering of science-backed products.”
The terms of the deal were not disclosed.
Sources: Nestle Health Science Press Release