Yorkshire supplement manufacturer acquired by US nutrition and wellness ‘leader’
A Yorkshire supplement manufacturer has been acquired by US nutrition and wellness brand INW.
Bee Health, a producer in bee-derived nutritional ingredients founded in Bridlington, East Yorkshire in 1992, employs over 350 staff and sells produces tablets, capsules, liquids and soft gels for brands in more than 40 countries across the world.
It has announced a new partnership with INW, which aims to offer custom research and development, manufacturing and marketing support solutions across the nutrition and wellness industry.
Steve Ryan, founder of Bee Health, said: “After 27 years of innovation and development we are delighted to find the right partners with a shared vision that will further assist our growth. I’m confident that our partnership with INW gives Bee Health enormous potential.”
Jan Fletcher OBE, chairman of Bee Health, said: “INW’s interest is a testament to both the strength of the company we have built and the significant value creation potential ahead. Bee Health has seen virtually uninterrupted growth over the last decade as we have expanded our highly diversified customer base and grown our market share.”
She continued: “With an incredible team of dedicated employees, we have built a leading UK manufacturing business that will now form a key part of an ambitious global company. The partnership with INW will place us at the forefront of the health and wellness market and I could not be prouder and more excited about the future of the company.”
Jan has joined the Board of Directors of parent company INW Global as part of the transaction, while Bee Health’s shareholders have become equity partners in INW.
Gary Giles, chief executive officer of INW, said: “Our partnership with Bee Health is a key advancement in our ongoing efforts to expand our product offerings, broaden our geographic footprint, and expand and diversify our customer base.”
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