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DGAP-News News vom 07.09.2015

Rapid Nutrition PLC: Rapid Nutrition Continues to Focus on New Nutraceutical Company, and International Expansion Plans

DGAP-News: Rapid Nutrition PLC / Key word(s): Acquisition/Mergers & Acquisitions

2015-09-07 / 08:45


Rapid Nutrition Continues to Focus on New Nutraceutical Company, and International Expansion Plans

London, United Kingdom - Capping off a successful year of international expansion activity, Rapid Nutrition remains on track to complete its acquisition of a US Nutraceutical Company within the expected timelines outlined in the announcement made on the 10th July, 2015. Rapid Nutrition Managing Director Simon St Ledger said "We are pleased with the progress being made and look forward to the value this acquisition will bring in terms of earnings, infrastructure and resources to allow greater quality control and greater value for all stakeholders."

Following the announcement made on March, 2015 of the strategic investment in a leading German fitness company MySports with extensive connections to fitness instructors and premium brands, Rapid Nutrition is making good progress in leveraging the distribution opportunities presented with the partnership gaining access to the 35,000 fitness instructors and the 85,000 registered retail customers. Plans are already underway for the official launch to offer Rapid Nutrition's System LS(TM) weight-loss system for sale online through http://www.nike-instructor-club.com/de/sporternaehrung/476. More news is expected of the official launch shortly.

Rapid Nutrition Managing Director Simon St Ledger said "As we prepare to announce our Year - End 2014 financial results, Rapid Nutrition continues to grow thanks to smart investments in solid products and services and our aim of building out a vertically integrated life science company. Combining organic growth through our retail footprint in Australia with Woolworth and carefully pursuing strategic international acquisitions, provides the business with a platform to accelerate market penetration and create more value for all stakeholders. We expect these activities to be reflected in the next financial results showing strong year on year growth.


About Rapid Nutrition
Rapid Nutrition is a natural healthcare company focused on the research, development and production of a range of life science products. The company was established based on its successful and proven weight loss supplement range which is exported worldwide and now offers consumers a growing range of health and well-being solutions to meet existing and emerging societal health concerns, as well as a providing number of wider services to the life sciences industry. For more information, please visit http://rnplc.com





2015-09-07 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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392761  2015-09-07