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Nestlé To Acquire Brazilian Nutrition Brand Puravida

May 24, 2022: 12:00 AM EST
Nestlé Health Science, a business unit of Nestlé SA, has agreed to acquire Puravida, a Brazilian nutrition and lifestyle brand owned by private equity firm Aqua Capital. Puravida manufactures and markets applications such as drink mixes, protein powders, nutrition bars and snacks. Building upon Nestlé Health Science’s and Puravida’s experience in nutrition research and development, the acquisition aims to further innovation and expand the breadth and depth of the portfolio. Nestlé’s retail capabilities will also open up new opportunities for Puravida, including with healthcare professionals. The terms of the agreement were not disclosed, but the transaction is expected to close in Q2 2022. 
Keith Nunes, "Nestle expanding global nutrition business with acquisition", Food Business News, May 24, 2022, © SOSLAND PUBLISHING COMPANY
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