tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Glanbia Completes Sale of SlimFast UK to Supreme PLC

Story Highlights
Glanbia Completes Sale of SlimFast UK to Supreme PLC

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Glanbia ( (GLAPF) ) has shared an announcement.

Glanbia plc has completed the sale of SlimFast UK, Ireland, and other jurisdictions to Supreme PLC for approximately $27 million. This transaction follows a previous announcement regarding the sale of SlimFast US and reflects Glanbia’s strategic move to streamline its operations and focus on its core nutrition business, potentially impacting its market positioning and stakeholder interests.

More about Glanbia

Glanbia plc is a company focused on better nutrition, offering a range of products and services in the nutrition industry. The company is known for its commitment to providing high-quality nutritional products and has a market focus that includes various jurisdictions globally.

Learn more about GLAPF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1