©Health & Nutrition Technology
Supply chain and manufacturing partner CalNutri has acquired the assets of Health & Nutrition Technology (HNT), a producer of weight loss solutions and products.
The acquisition will include HNT’s Health One brand, which creates low-calorie, high-quality meal replacements. The products are designed to replace high-calorie meals while providing balanced nutrition.
Based in the US, CalNutri comprises food, beverage, nutrition and natural product industry veterans and has been the supply chain and manufacturing partner for HNT’s Health One meal replacement product range since 1999.
David Ackerman, CEO and founder of CalNutri, said: “We are honoured to carry on the tradition of offering the Health One powdered meal replacement to its loyal customer base and followers and to expand upon the historical success with this brand”.
He continued: “This acquisition not only contributes to CalNutri’s bottom line but more importantly, it adds to an already diverse book of business and our team gets to feel really good about itself when we manufacture and distribute this Health One product to various businesses and individuals throughout the general health and wellness industry.”
Financial terms of the deal were not disclosed.
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