A Cornell Capital-led investor group has acquired nutrition and wellness R&D, manufacturing, and marketing business Innovations in Nutrition + Wellness from Rosewood Private Investments.
WHO: Innovations in Nutrition + Wellness stands at the crossroads of change in the nutrition and wellness industry, blending science and innovation with safety and quality to set a new standard of leadership in nutritional and personal care manufacturing. Delivering operational excellence from product R&D to expert manufacturing and packaging to efficient delivery, the company provides an unmatched quality product and packaging innovation, from concept to launch to global brands. They offer a diversity of product forms across powders, solid dose, liquids /gel packs, personal care, and more across its multi-site network. Visit inw-group.com to learn more.
Cornell Capital LLC is a US-based private investment firm with over $4.0 billion of AUM and offices in New York and Hong Kong. Partnering with strong, entrepreneurial management teams, the firm takes a value-oriented approach to investing across the consumer, financial, and industrial sectors. Founder and Senior Partner Henry Cornell, who served as the Vice Chairman of Goldman Sachs’ Merchant Banking Division prior to founding Cornell Capital in 2013, leads a highly seasoned senior leadership team with decades of shared investing experience.
Rosewood Private Investments (RPI) has a long history of investing in and creating value within numerous industries. RPI’s approach to working with operating partners to strategically grow companies through acquisitions and organic means has proven successful for all stakeholders. The firm’s current holdings include companies within the industrial services, fire & life safety services, IT services, nutrition and wellness, and manufacturing technologies sectors.
WHY: Cornell Capital plans to replicate the strategy it used to grow KDC-One, which has included several add-on acquisitions, to grow INW into a nutrition and wellness manufacturing powerhouse.
IN THEIR OWN WORDS: “INW is an exciting and compelling opportunity that aligns with Cornell Capital’s strategy and investment experience in building leading global scaled businesses in attractive industries,” said Justine Cheng, Partner at Cornell Capital. “We are impressed by INW’s differentiated, value-added offering of high-touch innovation, operational excellence and speed-to-market for both well-known and emerging brands. The transaction with Bee Health represents another value-additive acquisition for INW and will significantly expand INW’s total addressable market to establish a strong foothold in the fast-growing UK and European market. Using our global network, we look forward to working with the entire team at INW and Bee Health, and are excited to support the combined company’s continued success and expansion across North America and Europe.”
“At INW, we aim to deliver breakthrough innovation to top tier customers in the evolving health and wellness market and to enable our brand partners’ success,” said Gary Giles, Chief Executive Officer of INW. “Today’s announcements are an exciting next step in our journey. 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. The combined company will benefit from Cornell Capital’s expertise and world-class resources, ensuring we are better positioned than ever to deliver on our mission of being the world’s best solutions partner to the global nutrition and wellness industry.”
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