May 11, 2021
Nestlé Health Science has agreed to acquire Nuun, a provider of functional hydration, for an undisclosed sum, according to a press release.
The acquisition complements Nestlé Health Science's existing broad portfolio of active lifestyle nutrition brands with Nuun's tablets and powders.
Nuun was founded in Seattle, Washington in 2004, pioneering the separation of electrolyte replacement from carbohydrates to develop low-sugar electrolyte tablets.
The transaction is expected to close in Q3 2021.