UK: Supreme acquires SlimFast UK and Europe from Glanbia
Supreme plc, the diversified consumer goods supplier, has acquired SlimFast’s trade and selected UK and European assets from Glanbia, a worldwide nutrition and food firm, in a £20 million ($26.6 million) deal. Founded in the US in 1977, SlimFast is defined as a leading brand in the weight management sector, recognised for its range of […]
USA: Glanbia to sell SlimFast US to Heartland Food Products Group
Irish global nutrition group Glanbia has announced that it has signed an agreement to sell weight management brand SlimFast US to Heartland Food Products Group, a US-based leader in the consumer-packaged goods industry, for an undisclosed sum. The existing Heartland Food Products Group portfolio features Splenda, a zero-calorie sweetener brand offering stevia and monk fruit […]
USA: Glanbia to acquire SlimFast for $350 million
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 […]
Ireland: Glanbia expands in supplements space
Global nutrition firm Glanbia has announced its expansion in the supplements space with the acquisition of US firm Amazing Grass and Dutch firm Body & Fit. Glanbia said it was investing approximately €181 million to buy the two businesses, which it described as “having a strong strategic fit with Glanbia’s Performance Nutrition (GPN) division” and […]
Ireland: Glanbia acquires protein bar brand ThinkThin
Global nutrition firm Glanbia has announced that it is to acquire the US functional snack bar firm ThinkThin for $217 million. ThinkThin offers a range of protein enriched bars targeted at lifestyle consumers, primarily distributing its products in food, natural and mass retail channels in the US, Glanbia said in a statement. Net sales for the […]