Lausanne, July 1, 2021 - Nestlé Health Science announced today the successful completion of its acquisition of Nuun, a leader in functional hydration with a range of effervescent tablets and powders.
“We are pleased to officially welcome Nuun into Nestlé Health Science,” said Greg Behar, CEO of Nestlé Health Science. “Nuun is a perfect fit with Nestlé Health Science and complements our other active lifestyle nutrition brands. We foresee exciting possibilities for growth and expansion, combining Nuun’s expertise in functional hydration and Nestlé Health Science’s R&D capabilities and geographic reach.”
Nuun was founded in Seattle, Washington in 2004, pioneering the separation of electrolyte replacement from carbohydrates. Its low-sugar electrolyte tablet revolutionized the sports beverage market. It now has a broad range of effervescent tablets and powders containing additional minerals and vitamins for energy, immunity, relaxation and everyday health.
“This is a major milestone for Nuun and I am extremely confident in the combined efforts between Nestlé Health Sciences and our team,” said Kevin Rutherford, CEO of Nuun. “Together we will be able to further drive Nuun’s mission forward, moving the company towards a future with an expanded portfolio of high-quality hydration products and social and cultural impact.”
Nuun’s headquarters will remain in Seattle, Washington. It will be integrated over the coming months into Nestlé Health Science’s global business.
Financial details of the deal are not being disclosed.