It has been a good year for M&A in nutrition, health & wellness with a 10% uptick, according to Nutrition Capital Network (NCN), and several big companies remain on the lookout for assets as they watch competitors close deals.
While Procter & Gamble’s move into the dietary supplements market might have been unexpected, the fact it chose New Chapter as its entry vehicle should come as no surprise, according to one investor in the Vermont-based firm.
Direct selling nutritional supplement giant Herbalife has struck the largest sponsorship agreement for a major league soccer (MLS) club in league history with a $44m, 10-year deal with MLS champion LA Galaxy.
Utah-based direct selling supplements firm Nature's Sunshine Products (NSP) moved back into the black in the fourth quarter of 2011 posting a net profit on continuing operations of $7.6m vs a net loss of $0.4m a year ago.
A new joint venture between Mead Johnson Nutrition and SanCor Cooperativas Unidas Ltda. of Argentina is targeting a range of innovative nutritional products for infants and children in Argentina and the other Southern Cone markets.
Danone has formed the Global Alliance for Probiotics (GAP) with other sector giants like Yakult, DuPont-Danisco and Chr Hansen as the frustrated industry seeks to win a first European Union health claim.