GLANBIA MAKE A STATEMENT WITH SLIMFAST PURCHASE

South East food multinational Glanbia has spent $350 million in its latest purchase.

The company has bought SlimFast a US based weight management and nutrition business.

Managing Director of Glanbia, Siobhan Talbot in a statement this morning said the acquisition fits in well with their existing portfolio targeting lifestyle consumers.

Slimfast has its headquarters in Palm Beach in Florida.

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