Nutrition Capital Network (NCN), an organization that connects growing companies in the nutrition and health & wellness industry with investors, has released its list of Top 15 M&A and Financing Transactions for the first six months on 2012. These include Pfizer’s $360 million acquisition of Alacer in supplements, DSM’s $540 million purchase of Ocean Nutrition in ingredients, the merger of Sprouts and Sunflower natural food retail chains, and Campbell’s $1.6 billion acquisition of Bolthouse Farms.
“In aggregate these deals illustrate a few notable trends,” says Grant Ferrier, a principal and cofounder. “First, the M&As are getting bigger; second, more and more players are coming to the table each quarter like P&G and Dole; and third, natural & organic and healthy foods are increasingly a competitive battleground for the world’s largest food companies. In addition, we are seeing an increased interest over time in companies across the supply chain, including ingredient and manufacturing companies, indicating that investors are becoming more strategic in their approach to the industry.”
NCN’s list of Top 15 Transactions in Nutrition and Health & Wellness for the first half of 2012 was compiled based on strategic importance, size or scale, relevance of the players involved and other factors. Transactions are listed by segment and in no particular order.
The complete list reads:
Top 15 Transactions in Nutrition and Health & Wellness (Jan-June, 2012)
Segment / Target / Acquirer/Investor
Supplements / Airborne / Schiff Nutrition International
Supplements / New Chapter / Procter and Gamble
Supplements / Alacer Corp / Pfizer
Retail / Sunflower Natural Markets / Sprouts Farmers Markets
Retail / Earth Fare / Oak Hill Capital Partners
Ingredients / Ocean Nutrition Canada / DSM
Ingredients / Pharmline Inc / Stauber Performance Ingredients
Contract Manufacturing / Cornerstone Research / Sun Capital Partners
N&O Food / Bolthouse / Farms / Campbell Soup Company
N&O Food / Udi's Healthy Foods / Smart Balance
N&O Food / Zico / Coca Cola
N&O Food / mix1 / The Hershey Company
N&O Food / Mrs. May’s Naturals / Dole Food Company, Inc.
N&O Food / Food Should Taste Good / General Mills
N&O Food / Popchips / Verlinvest
NCN has convened 14 investor meetings since 2007, and has a successful track record of matching entrepreneurs, growth companies and technology innovators with suitable investors, acquirers and strategic partners. Of the 252 companies that have presented at the NCN Investor Meetings from 2007-2011, 41 percent have completed some form of transaction.
Past presenters that have closed significant transactions include Food Should Taste Good, a company acquired by General Mills in February 2012, in addition to Annie’s, Immaculate Baking, Zico, Zhena’s Gypsy Tea and mix1.
NCN’s Fall Investor Meeting in San Francisco, Calif., on October 15 to will feature 10-minute presentations by 18 to 22 qualified presenting companies, followed by opportunities for structured one-on-one meetings, as well as informal networking.
Companies seeking investment are invited to apply to present. See www.nutritioncapital.com, or contact Executive Director Mike Dovbish; [email protected]; 415. 202.5254, or follow this link to apply: http://www.nutritioncapital.com/Apply_for_NCN_Fall
Prior to its October Investor Meeting, NCN will be offering a free educational session at Expo East, on September 20 in Baltimore, Md., where experienced investors and companies who successfully raised capital will share best practices. More information is available on: www.nutritioncapital.com.
*(NCN’s Transaction Database tracks deals according to seven industry segments, including supplements, natural & organic food, functional food, ingredients, retail & distribution, contract manufacturing, personal care and household goods. The database is available to NCN’s more than 30 Cornerstone Investors.)