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Nestlé extends its health and wellness business by purchasing the majority shares of Orgain

ConsumerGeniuses

ConsumerGeniuses

Nestlé’s health science division is all set to purchase most of the shares of Orgain, a protein powder, bars, and shake manufacturing firm. The agreement, however, allows the founders of Orgain to own minor shares of the firm and continue serving as the CEO of the company. This move would speed up Nestlé’s endeavours over the past couple of years to develop and extend its wellbeing and health business.

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