Columbia West Capital News - Industry Deal Intelligence
08.09.11 CWC Q2 2011 Health and Wellness M&A and Financing Report

 

This report is prepared as a courtesy to the Health and Wellness business community by Columbia West Capital, LLC based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to assure is included and credit attributed to appropriate advisors.     
 


M&A - Strategic  

6/1/2011 Schiff Nutrition Group, Inc. acquired certain assets of Ganeden Biotech, Inc. for $40.0 million in cash. Ganeden Biotech sells over-the-counter probiotics and dietary supplements and is based in Mayfield Heights, Ohio. Benesch, Friedlander, Coplan & Aronoff LLP served as legal advisor to Ganeden Biotech. Wilson, Sonsini, Goodrich & Rosati served as legal advisor to Schiff Nutrition.        

 


 

6/6/2011 Shadow Beverages and Snacks, LLC acquired WheyUp, LLC. The terms of the transaction were not disclosed. WheyUp produces non-carbonated and sugar-free pre-workout drinks with whey protein, caffeine, and B vitamins and is based in Gilbert, Arizona.        

 


 

6/17/2011   Provexis plc (AIM: PXS) entered into a conditional agreement to acquire SiS (Science in Sport) Limited from John Lawson and family for $12.6 million. SiS designs, develops, and manufacturers nutritional products for athletes and is based in Blackburn, United Kingdom.        

 


 

6/23/2011   Stepan Company (NYSE: SCL) acquired Clarinol®, Marinol® and Pinnothin® product Lines from Lipid Nutrition B.V. The terms of the transaction were not disclosed. Lipid Nutrition B.V. develops and produces specialty fats and oils for health purposes and is based in Wormerveer, the Netherlands.        

 


 

M&A - Financial

4/13/2011 The Riverside Company acquired BioSan Laboratories, Inc. The terms of the transaction were not disclosed. BioSan Laboratories manufactures food and nutrient supplements for women, men, children, and families and is based in Derry, New Hampshire.  Jones Day served as legal advisor to The Riverside Company.    

 


 

Private Placements   

4/06/2011 Delta Partners, LLC acquired an additional 4.6% stake in Royal Wessanen NV (ENXTAM: WES). The terms of the transaction were not disclosed. Royal Wessanen engages in developing, sourcing, producing, marketing, and distributing organic, natural, and specialty food products in North America and Europe and is based in Utrecht, the Netherlands.    

 


 

5/11/2011 Thorne Research, Inc. has raised an equity round of funding. The terms of the transaction were not disclosed. Thorne Research manufactures dietary supplements for humans and animals and is based in Sandpoint, Idaho.    

 


 

5/23/2011 Nurture, Inc. announced that it has raised a second round of funding. The terms of the transaction were not disclosed. Nurture operates as a baby and toddler organic food company and is based in Brooklyn, New York.