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.
New Chapter will continue to run as a standalone business under new owner Procter & Gamble, but will get a "turbocharge" to its mission, according to bosses at the Vermont-based supplement 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.
Twinlab is preparing to unveil a new range of sports nutrition products under the Clean Series brand to tap into growing demand for products with ‘cleaner’ labels.
Superstar-backed coconut water brand Vita Coco faces a new class action over claimed product benefits in Canada, including a ‘super hydrating’ claim, just weeks are settling a similar US suit.
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.
Abbott Nutrition has unveiled plans to build a $270m nutrition manufacturing facility in Tipp City, Ohio, to make liquid nutrition products Ensure and Glucerna for the North American market.
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.
Strong growth for Herbalife in the US is being driven by a new breed of young distributors dubbed ‘Generation H’, according to the direct sales supplement giant.
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.
The furor surrounding the safety and legal status of DMAA (1,3-Dimethylamylamine) - a stimulant used in several pre-workout supplements - has not dented sales at supplements giant GNC, bosses have revealed.
Sales of NBTY’s vitamins, minerals and health supplement (VMHS) brands grew 10% in the US food, drug and mass merchandise channel in 2011 - more than double that of industry growth of 4.5% - according to bosses at the nutritional supplements giant.
Illinois-based health food and supplements manufacturer NOW Foods is on course to complete its $20m new site in Nevada in the third quarter of this year, almost two years ahead of schedule.
New Jersey-based private label supplements maker Reliance has opened a new eco-friendly facility that will consolidate all of its activities under one roof.
Canadian firm Valeant Pharmaceuticals International has acquired Brazil’s leading sports nutrition and food supplements maker Probiótica Laboratorios in a $150m deal.
Direct-selling supplements giant Herbalife will move into its 81st country on February 15 when it sets up a new base in Uruguay, the 17th market in its South and Central America region.
Chicago-based healthcare giant Abbott has regained all of the market share it lost following its 2010 recall of Similac infant formula products and says its nutritionals business is set to grow in the high single digits in 2012.
Exclusive interview: Paul Gilner, chief executive, Life Extension
While cynics might raise an eyebrow at the Life Extension Foundation’s ambitious mission statement (“to conquer the aging process within the next decade”), bosses at its supplement arm have every reason to feel optimistic, CEO Paul Gilner tells Elaine...
GNC has weighed into the debate over the stimulant DMAA (1,3-Dimethylamylamine) following the recall of DMAA-containing products from stores on military bases while the Department of Defense conducts a probe into its safety.
The dietary supplements industry is doing better than many consumer brand industries, despite issues such as NDIs, says the new president of NOW Foods.
![Gilner: 'We’re not selling instant gratification here so the only way [to compete] is to educate consumers about what makes us different.'](jpg/life-extension-ceo-i-just-hope-the-trade-isn-t-hogtied-and-handcuffed-by-unnecessary-regulation-2.jpg)
