Big Law
Nestle Finalizes Its Acquisition of Vital Proteins
Nestle Health Science, a business unit of Nestle SA, has completed its acquisition of Vital Proteins, a Chicago-based manufacturer of collagen-based foods, beverages and supplements. Financial terms of the transaction were not disclosed.
Nestle first acquired a majority stake in Vital Proteins in June 2020, and over the past two years Vital Proteins has shown “incredible growth,” said Greg Behar, chief executive officer of Nestle Health Science.
“We have worked to expand the brand geographically, scale up R&D and innovate on new products,” Mr. Behar said. “More people around the world are becoming aware of how collagen can be incorporated into their wellness journeys.”
