Acquisition

Orgain produces protein-based shakes, powders and snacks. Pic: Getty Images/RossHelen

Nestlé Health Science to buy majority stake in Orgain

By Jim Cornall

Nestlé Health Science has agreed to purchase a majority stake in Orgain, a plant-based nutrition company, from its founder Dr Andrew Abraham and Butterfly Equity, who will continue to be minority share owners.

Photo Credit: Local Hive Honey

Private equity firm acquires raw honey brand, Local Hive Honey

By Mary Ellen Shoup

Marking its first acquisition for its new fund, Charlotte, North Carolina-based private equity firm Falfurrias Capital Partners has acquired raw and unfiltered honey brand, Local Hive Honey. Terms of the deal were not disclosed.

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