Contract Type
partnership
Description
Wellful has announced the acquisition of Ancient Nutrition from VMG Partners, Hillhouse Investment, and other unit holders. This partnership aims to strengthen Wellful’s omnichannel presence in vitamin, mineral, and supplement categories and expand its distribution footprint into the natural retail channel. Colt Morton, CEO of Ancient Nutrition, will continue leading the business as part of Wellful.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months