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Thursday, August 22, 2019

Quest Nutrition Purchased for $1 Billion Dollars


Atkins Bar Maker Acquires Quest Nutrition for 1 Billion Dollars


Yesterday August 21, 2019, a press release went out making the announcement that The Simply Good Foods Company has agreed to acquire the hugely popular and widely available brand Quest Nutrition. If you’re not familiar with Simply Foods, they are the company behind the popular brand Atkins. The purchase price for this deal, an impressive 1 Billion Dollars.

CEO of Quest Nutrition Dave Ritterbush said “The Simply Good Foods team has a strong track record in building leading nutrition brands and I feel that Quest will fit perfectly in their overall mission. As part of the Simply Good Foods, Quest will benefit from the combination of two great organizations focused on providing consumers with healthier food choices”.

Quest Nutrition is not only a hugely popular but fast growing brand, many of their snacks are carried by mainstream stores like Target, outside of just nutrition or sports supplement stores like many other functional foods. This year the company has been releasing many exciting products like their new Loaded Taco Quest Tortilla Protein Chips, Chocolate Sprinkled Donut Quest Bar, and more.

You can checkout the full press release at Globenewswire.com

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