Nutrition Business Journal
Nutrition Capital Network

Nutrition Capital Network news: Weld North branches out into Health & Wellness

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

Weld North LLC, an investment company founded by former Kaplan Inc. CEO Jonathan Grayer in partnership with Kohlberg Kravis Roberts & Co. (KKR), has acquired a significant minority stake in Organic Avenue (New York), a small specialty chain offering organic juices and raw food.

The investment marks Weld’s entry into the nutrition and health & wellness space. Organic Avenue launched its LOVE* (Live. Organic. Vegan. Experience) cleanse organic juicing and raw food plans in 2005 and created 50 product categories including organic, cold-pressed juices, soups, smoothies, salads, booster shots, gourmet entrees and desserts. The company also offers classes in food prep, community gatherings and retreats. Organic Avenue has eight locations and an e-commerce website. Grayer will become chairman.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news.

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