Nestlé Health Science acquires majority stake in Vital Proteins: the advisors
Nestle Health Science, Switzerland-based developer of science based nutritional solutions has agreed to acquire a majority stake in Vital Proteins, the US-based manufacturer and seller of whole food-based nutrition containing collagen, for an undisclosed consideration.Through this transaction, Vital Proteins will have access to Nestle’s resources, thus helping it attain milestones in global wellness.
This acquisition boosts Nestle’s wellness brand product offering by adding a collagen-based nutrition brand for providing its customers a fulfilling experience. Post-acquisition, Vital Proteins will be operating independently and Kurt Seidensticke, CEO of Vital Proteins will be continuing his role and responsibilities in the company.
