Nestle to swallow vitamin maker Atrium Innovations
Nestle has begun to reposition itself since Ulf Mark Schneider
Zurich - Arab Today
Nestle said Tuesday it would acquire Canadian vitamin maker Atrium Innovations for $2.3 billion (1.9 billion euros) as the Swiss food giant continues to expand into consumer health products.
Founded in 1999, Atrium Innovations focuses on nutritional supplements and has a number of brands including Garden of Life.
The firm, which employs 1,400 people, is expected to hit $700 million in sales this year.
"Atrium’s portfolio will extend our product range with value-added solutions such as probiotics, plant-based protein nutrition, meal replacements and an extensive multivitamin line, enabling consumers to address their health and wellness goals," said Greg Behar, chief executive of Nestle's Health Science unit that will absorb the Canadian firm.
Nestle has begun to reposition itself since Ulf Mark Schneider, who previously headed up German healthcare group Fresenius, took over the reins of the Swiss firm at the start of the year.
Nestle has indicated it doesn't exclude selling its US candy business and has snapped up companies that make vegetarian meals and luxury coffee.
Source:AFP
- Friday ,15 September GMT 21:38 2017 Nestle freshens up image with Sweet Earth vegetarian meals takeover
GMT 03:58 2017 Thursday ,28 September
Nestlé to empower 10 million youthsGMT 21:38 2017 Friday ,15 September
Nestle freshens up image with Sweet Earth vegetarian meals takeoverGMT 19:04 2016 Wednesday ,29 June
Nestle poaches CEO from Fresenius in health and wellness drive
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 10:57 2017 Sunday ,20 August
Muslims fear anti-Islam backlash in tolerant Barcelona
GMT 00:01 2017 Tuesday ,10 January
Start-up offers eCommerce for the home-based seller
GMT 19:32 2018 Thursday ,18 January
Energy summit a project investing in the sciencesGMT 15:18 2011 Wednesday ,20 April
BHP iron ore up, but weather hits coking coal
GMT 05:33 2017 Thursday ,12 October
New Afghan peace talks expected in Oman but Taliban
GMT 19:36 2017 Monday ,03 July
Palestinian politician calls for cooperation to ease suffering of Gaza’s people
GMT 17:21 2017 Tuesday ,05 December
Polish PM sends tweet hinting that she might be replaced
GMT 14:47 2017 Monday ,27 March
Rania Shawky reveals reason of not appearing in Ramadan
GMT 01:24 2017 Thursday ,28 September
China, Saudi Arabia eye $65bn in deals as king visits
GMT 19:33 2017 Monday ,27 March
Foreign Ministry's Secretary-General Receives Credentials of UNHCR GCC Representative
GMT 11:56 2017 Monday ,01 May
Iraqi leader warns of ISIS’ return to Anbar’s liberated areas
GMT 11:29 2017 Wednesday ,24 May
Reem El Baroudy is happy to part of this Ramadan season
GMT 20:01 2017 Wednesday ,07 June
Venezuela leader promises constitution referendum to calm crisis
GMT 08:49 2017 Thursday ,02 November
Guantanamo judge finds US general in contempt of court
GMT 09:22 2015 Sunday ,25 January
Aquazzura opens first flagship store
GMT 12:27 2018 Friday ,30 November
G20 set to open in Argentina with global trade concerns in focus
GMT 11:53 2018 Thursday ,13 September
EU prolongs sanctions against Russia for six monthsGMT 22:34 2013 Wednesday ,22 May
2 Georgian wines return to Russian market but pricey
GMT 01:45 2014 Sunday ,14 September
Algerian minister called to grasp vocational training opportunities
GMT 08:31 2018 Tuesday ,23 January
Juventus fly-on-the-wall series set for Netflix airing
GMT 09:28 2017 Monday ,25 December
Ford chief apologizes for sex harassment
GMT 02:21 2017 Thursday ,26 January
World Press Photo winner’s 1,000-mile walk for prize
GMT 00:24 2017 Saturday ,07 October
Fears of conflict in Western Sahara rise
GMT 05:22 2017 Saturday ,16 December
Extremism not rooted to any religion, region
GMT 02:23 2017 Saturday ,16 December
Reforming the UN to reflect climate changeGMT 18:43 2011 Friday ,08 April
Canberra blocks Australia-Singapore bourse merger
GMT 08:37 2017 Wednesday ,08 March
China 'comfort women' history buried as brothels fall
GMT 10:20 2012 Tuesday ,20 March
1967 OSI Silver Fox prototype
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor