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martedì 17 set 2019
HomeCompaniesThe Simply Good Foods Company to acquire Quest Nutrition

The Simply Good Foods Company to acquire Quest Nutrition

The Simply Good Foods Company to acquire Quest Nutrition

The Simply Good Foods Company – a developer, marketer and seller of branded nutritional foods and snacking products– and Quest Nutrition – a healthy lifestyle food company – announced a definitive agreement under which Simply Good Foods will acquire Quest for $1.0 billion in cash, or approximately $870 million net of tax benefits, on a cash-free and debt-free basis. The transaction is structured as the purchase by a subsidiary of Simply Good Foods of 100% of the equity of each of Voyage Holdings.

This combination guarantees Simply Good Foods to continue to benefit from consumer mega trends related to healthy eating and better nutrition.

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