Nestle acquires Vitaflo
August 2, 2010
VEVEY, SWITZERLAND — Nestle S.A. has completed its acquisition of Vitaflo, a provider of clinical nutrition products that is based in Liverpool, England.
“This acquisition is an excellent strategic fit, reinforcing our position in a rapidly growing segment of specialized nutrition,” said Paul Bulcke, chief executive officer. “Vitaflo’s science-based products complement and support our business in the area of high-technology personalized nutrition. Additionally, Vitaflo will benefit from Nestle’s commitment to innovation in nutrition, health and wellness. Our strong geographic presence will enable Vitaflo to enter the global market.”
The transaction allows Nestle to enter the market for clinical nutrition products tailor-made for consumers with inherited metabolic disorders.
The acquisition price was not disclosed.