Vita Actives Limited, based in Dublin, was founded in 2006 by Deepak Sharma and supplies high value nutraceutical ingredients and nutrition solutions to more than 400 global customers, for the functional foods, human nutrition, sports nutrition, health, wellness and cosmetic industries. Speaking about the acquisition, George MacLeod, general Manager, Dairygold Health and Nutrition said: “This acquisition is a significant development for Dairygold and the first acquisition since we established the Dairygold Health and Nutrition business in 2020. This transaction provides Dairygold Health and Nutrition with significant opportunities for future growth, within the fast-growing life stage nutrition sector. It also provides opportunities for cross-divisional research and development, that will identify new opportunities within Dairygold, highlighting the synergies between the Dairygold and Vita Actives businesses and further demonstrating the strong rationale for such an acquisition.”
Dairygold chief executive, Conor Galvin said: “The acquisition of Vita Actives is in line with our Strategy ‘Our Strategy Our Future 2030’, of delivering incremental higher margin for the Society and our Members, and diversifying earnings. Since the establishment of the Dairygold Health and Nutrition business, we have been exploring and evaluating acquisition opportunities within the life stage nutrition sector. We’re delighted to have Deepak and his team on board, as part of the Dairygold family, and look forward to supporting them, in the further expansion and growth of the business into the future.”