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Healthier snacking remained a strong investment theme in August. High protein nutrition bars were the focus, with The Simply Good Foods Company bringing Quest Nutrition LLC under its umbrella for $1 billion in cash.
Organic ingredients and other nutritional attributes were the focus of investment and acquisitions in the baby food category in September. Chinese dairy giant Mengniu Dairy made a AU$1.5 billion (US$1 billion) cash offer for the Australian infant formula brand Bellamy’s Organic.
Nestlé Health Science (NHSc, Lausanne, Switzerland) is expanding into personalized
nutrition by acquiring Persona (Snoqualmie, Washington), a company that offers customized nutritional assessments and dietary supplements online.
Celsius Holdings Inc. (Boca Raton, Florida), maker of the Celsius fitness drink, is acquiring nutritional products marketer Func Food Group Oyj (Helsinki, Finland) for approximately $15.1 million in cash and the assumption of $9.5 million of debt.