Rapid Nutrition to Acquire Notable Wellness Business to achieve its diversification growth strategy

23 Nov 2022 08:00 CET

Rapid Nutrition PLC (Euronext Growth: ALRPD), has entered into discussions to acquire a successful beauty business, recognised across the globe for its innovative and sustainable products supported by significant customer base. A natural wellness company focused on organic wholefood-based nutrition and science-based herbal products with growing worldwide distribution, Rapid Nutrition continues to accelerate its global diversification growth strategy with a focus on acquiring well-established direct-to-consumer businesses.

The acquisition, anticipated for before year-end and subject to meeting certain terms and conditions, will complement Rapid Nutrition’s current customer base while providing accelerated market entry into a new source of growth and revenue. The beauty business operates a significant subscription-based model centered on beauty and wellness.

alrpd-enters-discussions.pdf