Zydus Wellness, the Indian nutrition and skincare firm, has announced that its wholly-owned subsidiary, Alidac UK, has entered into a definitive agreement to acquire UK-based supplement firm Comfort Click (CCL) and its three international subsidiaries located in Ireland, the USA and India.
This transaction marks Zydus Wellness’s first international acquisition, and its first foray into the supplements space.
The CCL portfolio includes the WeightWorld brand of vitamins, minerals, probiotics and sports nutrition, children’s gummy brand Maxmedix, and natural pet care supplement brand Animigo. The company operates across the UK and Europe and is extending into the USA.
Commenting on the move, Zydus Wellness chairman Sharvil Patel said: “The global acquisition of Comfort Click, a leading player in the digital vitamins, minerals, and supplements space, marks a significant step in our journey to empower consumers to make informed choices and embrace wellness-focused products as part of their path to better health”.
Source: NufFoodsSpectrum