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Danone To Acquire Medical Nutrition USA

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By: Sean Moloughney

Editor, Nutraceuticals World

In a $62 million deal, France-based Danone has signed an agreement to acquire Medical Nutrition USA, Inc. (MNI). MNI introduced the concept of liquid protein supplements for elderly people in the U.S. long-term care market in 2003. Today, the company’s flagship range of products addresses protein supplementation and wound care support. MNI’s organization and portfolio of products will become part of Danone’s Medical Nutrition division. Danone’s North American Medical Nutrition business, Nutricia North America, is headquartered in Rockville, MD, and its sales amounted to $70 million in 2009. The benefit of this transaction relies in the strong complementarities both in terms of product ranges and channels of distribution. MNI has developed access to the long-term care channel while Nutricia’s products in the U.S. are mainly aimed at infants and distributed in pharmacies.

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