To enter into the fast-growing functional hydration market, Nestlé Health Science agreed to acquire Nuun. Seattle, Washington based Nuun is a leader in functional hydration. Nuun electrolyte tablets and powders provide functional hydration products optimized for exercise, daily health, travel, immune support, energy and rest.
- The acquisition complements Nestlé Health Science’s existing broad portfolio of active lifestyle nutrition brands with Nuun’s range of clean, low-sugar, effervescent tablets and powders.
- Nuun is pioneer in the separation of electrolyte replacement from carbohydrates.
- Its low-sugar electrolyte tablet revolutionized the sports beverage market.
The prominent investments and deals by Nestlé Health Science are featured below:
April 2021: For equitable access of COVID-19 vaccines, Nestlé announced a new partnership with the International Federation of Red Cross and Red Crescent Societies (IFRC) and National Red Cross and Red Crescent Societies.
Oct 2020: Nestle’s wholly-owned subsidiary Nestlé Health Science, a leading health-science company, had announced the completion of the acquisition of Aimmune Therapeutics, Inc.. After this merger, the joint business unit called Aimmune Therapeutics, a Nestlé Health Science company will manage NHSc’s global pharmaceutical business.
Aug 2020: Nestlé Health Science, a leading nutritional therapy provider had announced to acquire the business of IM HealthScience with its brands of IBgard, FDgard, Fiber Choice and REMfresh.
June 2020: Nestlés wholly owned subsidiary Nestlé Health Science (NHSc), had agreed to acquire a majority stake in America based Vital Proteins, is a lifestyle and wellness platform offering supplements, beverages, and food products.
May 2020: Nestlé announced donation of ventilators to Côte dIvoire in fight against COVID-19 pandemic. Ivorian Government has taken series of preventive measures to minimize the spread of the coronavirus. The donation included two ventilators, complementing the 18 ordered by the government in addition to the four already available in this West African country of 25 million inhabitants.
About Nestlé Health Science
Nestlé Health Science (NHSc), is headquartered in Switzerland, is a global leader in the field of nutritional science. It is a wholly-owned subsidiary of Nestlé, a global food and drink leader. NHSc offers an extensive consumer health portfolio of science-based consumer health, medical nutrition and supplement brands. The company employs more than 5,000 people across the world.
Nestlé is the worlds largest, most diversified food and beverages company. Established over 150 years ago, Nestlé employs more than 300,000 worldwide. Nestlé is dedicated to advancing nutrition, health, and wellness in a way that is sustainable and responsible and the company is a leader in many of the fastest growing food and beverages categories including coffee, petcare, bottled water and infant formula. Nestlé has some of the world’s most recognisable brands, with household names like Nescafé, global icons like Perrier and local favourites like NaturNes and Milo.
Nestlés strengths include global reach, an attractive product portfolio, powerful brands, industry-leading R&D and talented workforce.