To strengthen Nestlé Health Science’s existing health and nutrition portfolio in New Zealand
Nestlé Health Science has agreed to acquire The Better Health Company (TBHC), the parent company of GO Healthy and Egmont, from CDH Investments and TBHC founding shareholders.
Under the transaction, Nestlé Health Science will acquire The Better Health Company in its entirety. This includes the GO Healthy brand, New Zealand’s leading supplement brand; New Zealand Health Manufacturing, an Auckland-based manufacturing facility for vitamins minerals and supplements; and the Manuka honey brand Egmont.
Nestlé Health Science’s Head of Oceania, Asia, Middle East & Africa region Paul Bruhn said that the acquisition is a strategic fit for Nestlé Health Science.
The move builds on Nestlé Health Science’s existing credentials, including a growing presence in New Zealand in vitamins, minerals and supplements category with the Solgar brand, which is available through select pharmacies, health food stores and online channels. Other Nestlé Health Science brands in New Zealand include Optifast, Sustagen, Alfamino and Vital Proteins.
The Better Health Company’s vitamins, minerals and health supplements factory in Auckland will allow Nestlé Health Science to share and leverage innovation and product development, allowing for new products to be made with regional considerations in mind.
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