Rho Nutrition Explores Sale Valued Over 500 Million
Vitamins maker Rho Nutrition is exploring a sale that could value the company at over 500 million dollars. The firm is working with investment bank Rothschild on the early-stage process and expects 200 million dollars in revenue this year.
Liquid supplements maker Rho Nutrition is exploring a sale valuing the company at over $500 million. The Miami-based business is working with investment bank Rothschild on the early-stage process. Rho expects to generate around $200 million in revenue this year.
Deal activity for wellness brands is surging as consumers prioritize health and users of weight-loss medications turn to supplements to counter muscle mass loss. Industry transactions include Procter & Gamble Co agreeing to buy Thorne for $3.8 billion, Unilever PLC acquiring Grüns, and Nestle SA-Reg selling parts of its mainstream vitamins portfolio.
