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Nestlé Health Science To Buy Majority Stake In Vital Proteins

June 10, 2020: 12:00 AM EST
Nutritional science company Nestlé Health Science (NHSc) announced it will acquire a majority stake in Chicago-based Vital Proteins, a collagen brand and lifestyle/wellness platform offering supplements, beverages, and food products. Vital Proteins will continue to operate as a standalone business, but will become part of the Nestlé Health Science portfolio, giving it access to “a variety of resources to scale their reach and innovation in pursuit of global wellness.” Vital Proteins has 150 SKUs across 35,000 retail stores in North America and Europe, including Whole Foods, Costco, Target, Walgreens, and Kroger. NHSc said Vital Proteins’ products complement its own vitamin, mineral, supplement, and wellness brands, including Atrium Innovations, Garden of Life, Pure Encapsulations, and Persona. Founder and CEO Kurt Seidensticker will remain the head of the company. The acquisition is subject to regulatory approval.[Image Credit: © Nestlé]
"Nestlé Health Science agrees to acquire majority stake in Vital Proteins", Nestlé, June 10, 2020, © Nestlé
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