Bobbie, the Irish co-founded start-up which has developed a healthier infant formula for the north American market, is closing a $70 million investment round with funds to be used to acquire Nature’s One, a paediatric nutrition company.
The acquisition, the exact price of which has not been disclosed, provides Bobbie with end-to-end control over formula manufacturing through a new manufacturing facility. It also triples the size of its operations.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: businessposthq - 🏆 8. / 71 Read more »