Nestlé has moved into the clinical nutrition market after completing a swoop for UK manufacturer Vitaflo.
The Liverpool-based supplier Vitaflo makes a range of nutritional products for people of all ages with metabolic disorders that lead to specific nutritional needs. It boasts annual sales of around £24m.
Nestlé - the world's largest food manufacturer - takes control of the company for an undisclosed sum.
“This acquisition is an excellent strategic fit, reinforcing our position in a rapidly growing segment of specialised nutrition,” said Nestlé chief executive Paul Bulcke.
“Vitaflo’s science-based products complement and support our business in the area of high-technology personalised nutrition.
“Vitaflo will benefit from Nestlé’s commitment to innovation in nutrition, health and wellness. Our strong geographic presence will enable Vitaflo to enter into a global market.”
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