The transaction has been approved by relevant competition authorities and was completed today. Brief orkla to buy health and sports nutrition group for sek 360 mln.
health and sports nutrition group
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Nov 21 reuters.
Health and sports nutrition group. The company will be consolidated into orklas financial statements as from 1 february 2018. The company provides sports nutrition products such as food supplements and vitamins. Health and sports nutrition group hsng ab.
Health sports nutrition group hsng ab markets and sells nutritional supplements. The company was founded in 1998 and is headquartered in stockholm sweden. Hsng runs the gymgrossisten and bodystore platforms offering food dietary supplements and health and well being products in addition to clothing.
Health and sports nutrition group hsng ab operates an online platform. Nutrition group plc is the uks fastest growing contract supplement manufacturer within the sports nutrition and health supplements market producing in excess of 2 billion tablets and 500 million capsules a year. Health nutrition healy nutrition is dedicated to the provision of high quality nutritional ingredients to the food supplements health wellness and sports nutrition sectors.
In its press release of 21 november 2017 orkla announced that it had entered into an agreement to acquire health and sports nutrition group hsng ab. Nutrition group plc is the uks fastest growing contract supplement manufacturer within the sports nutrition and health supplements market producing in excess of 2 billion tablets and 500 million capsules a year. Scandinavian fmcg firm orkla has announced an expansion into the sports supplements space with the acquisition of health and sports nutrition group hsng described as the largest e commerce firm for sports nutrition in the nordic region.
Work with qualified nutrition experts who will translate evidence based science into optimal nutrition that helps athletes fuel for performance and health while cultivating a healthy relationship with food and body. More and more people are looking at food and supplements to provide further nutritional enrichment enhance their performance and contribute to a healthier lifestyle. If offers sports articles dietary supplements sports nutrition and health food.
And is the biggest online health and sport nutrition company in the nordic region.
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