Glanbia buying SlimFast

Also acquiring other brands

Oct 12th, 2018

Glanbia logo

Glanbia plc has signed an agreement with the owners of KSF Holdings LLP and HNS Intermediate Corporation, who collectively own SlimFast and other brands, for $350 million. Glanbia plans to operate SlimFast within its Performance Nutrition segment.

The transaction is expected to close before the end of this year, subject to customary completion conditions, agreed closing accounts and regulatory approval.

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