SlimFast

Irish global nutrition group Glanbia has signed an agreement to acquire Florida-based SlimFast, a leading weight management and health & wellness firm, for $350 million. The deal also includes SlimFast’s sister company HNS. The SlimFast portfolio includes ready-to-drink and ready-to-mix products as well as a new Advanced Nutrition range of  meal replacement shakes and smoothies and registered $212 million of net sales in 2017. Glanbia group managing director said: “I am pleased to announce …