Glanbia expands into US supplements market
Irish consumer foods and nutritionals giant expands in the lucrative nutrients market on the other side of the Atlantic
11 September 2008 | 0
Ireland’s largest nutritional ingredients firm, Glanbia, has expanded its presece in the US market with the acquisition of sports supplement company, Optimum Nutrition. Based in Illinois, South Carolina and Florida, Optimum has a significant share in whey-based premium sports supplements. The move represents the first foray into the supplements sector for Glanbia, although it is “a close fit” in its area of expertise, according to managing director, John Molony. Optimum Nutrition will exist within Glanbia as an autonomous and wholly separate division. Its acquisition is part of an ongoing programme of expansion and ‘internationalising’ on the part of Glanbia, who has acquired two nutritionals firms across the Atlantic, Pizzey’s Milling (Canada) and Seltzer (California) in the last two years.