Nestle to buy Atrium Innovations

Nestle is buying Canadian vitamin maker Atrium Innovations for $2.3 billion, expanding its presence in consumer healthcare as it seeks to offset weakness in packaged foods.This deal is Nestle’s biggest acquisition in medical nutrition since the company accelerated its push into health in 2006.This is Nestle’s 4th purchase in recent months & is expected to close in the 1st quarter of 2018.

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