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Veyl Ventures Announces New Asset Purchase And Creation Of New Entity Veyl Wellness Works Llc, Dba Nutritio Labs

Jul 31, 2023•almost 2 years ago

Acquiring Company

Veyl Ventures

Acquired Company

Nutritio Labs

LifestyleFashionHealth Care

Description

Veyl Ventures, a leading health and wellness portfolio of brands, announced today that it has acquired certain assets of Fine Living Pharmanaturals (FLP), effective June 30, 2023. As a result, the existing manufacturing facility will now be operating under a new entity called Veyl Wellness Works LLC (dba Nutritio Labs), a wholly owned subsidiary of Veyl Ventures.

Company Information

Company

Veyl Ventures

About

Veyl Ventures partners with leading experts across the health, beauty, and wellness industries to develop some of today’s most innovative lifestyle-focused and sustainably minded brands. The Veyl portfolio and culture prioritizes people, planet, and pets - making up a community of 125+ passionate and committed CPG leaders across the globe. By reinventing the traditional business model, Veyl efficiently scales brands with proven accelerated success. For more information, please visit veyl.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed