Glanbia acquires US nutritional drinks maker
Thursday July 26 2012
Ireland's Glanbia is strengthening its position in the nutritionals market with the acquisition of Aseptic Solutions Inc. (ASI) for US$60 million (€50m), funded through existing banking facilities.
Founded in 2004, ASI manufactures and co-packs nutritional and dietary beverages including vitamin shots, protein shakes and 100% natural fruit juices. The business employs 175 people at its base in Corona, California.
Please log in to read the rest of this article.
If you are not a subscriber, you can sign up here
© Informa UK Limited. All rights reserved. Copyright contained in any part of this article is owned or and/or controlled by Informa UK Limited No part of the article may be reproduced, stored in a retrieval system, or transmitted in any form or by any means electronic, mechanical, photographic, recorded or otherwise without the prior written permission of Informa UK Limited though you may print or download the article (in whole or in part) for your personal and non-commercial use.