World PulseNow
Newsletter

SlimFast’s European arm sold after struggling to compete with weight-loss drugs

The Guardian•Monday, October 20, 2025 at 2:58:45 PM
NeutralFinancial Markets
SlimFast’s European arm sold after struggling to compete with weight-loss drugs
Supreme, the owner of Typhoo tea, has acquired SlimFast's UK and European business from Glanbia for £20.1 million. This move comes as Supreme aims to strengthen its position in the competitive weight management market, which has been increasingly challenged by the rise of GLP-1 weight-loss medications. The acquisition reflects a strategic shift in the industry as traditional meal replacement products face tough competition from new pharmaceutical options.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
WeightWatchers partners with Amazon for easy weight-loss drug delivery
Investing.com4 hours ago
WeightWatchers partners with Amazon for easy weight-loss drug delivery
PositiveFinancial Markets
WeightWatchers has teamed up with Amazon to streamline the delivery of weight-loss medications, making it easier for individuals to access the support they need on their weight-loss journey. This partnership is significant as it combines WeightWatchers' expertise in weight management with Amazon's vast logistics network, potentially improving adherence to weight-loss programs and enhancing overall health outcomes for users.
Read full article
via Investing.com
Supreme acquires SlimFast UK & Europe for £20.1 million
Investing.com13 hours ago
Supreme acquires SlimFast UK & Europe for £20.1 million
PositiveFinancial Markets
Supreme has successfully acquired SlimFast UK and Europe for £20.1 million, marking a significant expansion in its portfolio. This acquisition is important as it not only enhances Supreme's market presence but also aligns with the growing demand for health and wellness products. By integrating SlimFast's established brand, Supreme aims to leverage its distribution channels and expertise to drive growth in the competitive health food sector.
Read full article
via Investing.com
Latest from Financial Markets
Dakota Gold director O’Rourke sells $738k in shares
Investing.coman hour ago
Dakota Gold director O’Rourke sells $738k in shares
NeutralFinancial Markets
Dakota Gold's director, O’Rourke, has sold shares worth $738,000, which raises questions about the company's future direction. While such transactions are common in the corporate world, they can signal shifts in confidence or strategy. Investors will be watching closely to see how this impacts Dakota Gold's performance and market perception.
Read full article
via Investing.com
RBB Bancorp reports 8.7% increase in quarterly net income
Investing.coman hour ago
RBB Bancorp reports 8.7% increase in quarterly net income
PositiveFinancial Markets
RBB Bancorp has reported an impressive 8.7% increase in its quarterly net income, showcasing the company's strong financial performance. This growth is significant as it reflects the bank's effective strategies and resilience in a competitive market, which can boost investor confidence and potentially lead to further investments.
Read full article
via Investing.com
Earnings call transcript: FRMO Corp Q1 2025 highlights crypto mining strategy
Investing.coman hour ago
Earnings call transcript: FRMO Corp Q1 2025 highlights crypto mining strategy
PositiveFinancial Markets
FRMO Corp's recent earnings call highlighted their innovative strategy in the crypto mining sector for Q1 2025. This approach not only showcases their commitment to staying ahead in the rapidly evolving digital currency landscape but also positions them for potential growth and profitability. Investors and stakeholders should pay attention, as this could signal a significant shift in the company's operations and market presence.
Read full article
via Investing.com
Rocket Lab stock rises ahead of upcoming iQPS satellite launch
Investing.coman hour ago
Rocket Lab stock rises ahead of upcoming iQPS satellite launch
PositiveFinancial Markets
Rocket Lab's stock is experiencing a positive surge as the company prepares for its upcoming iQPS satellite launch. This event is significant not only for Rocket Lab but also for the satellite industry, as it showcases the company's growing capabilities and potential for future contracts. Investors are optimistic about the launch's success, which could lead to increased demand for Rocket Lab's services and further bolster its market position.
Read full article
via Investing.com
Dragonfly Energy restructures term loan and issues Series B preferred stock
Investing.coman hour ago
Dragonfly Energy restructures term loan and issues Series B preferred stock
PositiveFinancial Markets
Dragonfly Energy has successfully restructured its term loan and issued Series B preferred stock, marking a significant step in its financial strategy. This move not only strengthens the company's balance sheet but also positions it for future growth in the energy sector. Investors are likely to view this positively, as it demonstrates the company's commitment to enhancing its capital structure and expanding its operations.
Read full article
via Investing.com
Bayview Acquisition Corp makes $100,000 extension payment to trust account
Investing.coman hour ago
Bayview Acquisition Corp makes $100,000 extension payment to trust account
PositiveFinancial Markets
Bayview Acquisition Corp has made a significant $100,000 extension payment to its trust account, ensuring the continuation of its operations and potential future investments. This move is crucial as it reflects the company's commitment to maintaining its financial stability and pursuing strategic opportunities in the market.
Read full article
via Investing.com