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USANA Health Sciences acquires a 78.8% controlling stake in Hiya Health Products, LLC for $205 million

PUBLIC · USNADec 23, 2024

Acquiring Company

USANA Health Sciences

Acquired Company

Hiya Health Products

Salt Lake CityLos AngelesHealth CareDietary SupplementsFitnessNutritionWellnessHealth CareDietary SupplementsNutrition

Description

USANA Health Sciences, Inc. has acquired a 78.8% controlling ownership stake in Hiya Health Products, LLC, a leading direct-to-consumer provider of high-quality children’s health & wellness products. The $205 million cash transaction closed on December 23, 2024 and is anticipated to be accretive to USANA’s 2025 adjusted EBITDA. This strategic acquisition provides USANA with the opportunity to expand its presence in the fast-growing children’s health and wellness market, while maintaining its commitment to its core direct sales business.

Quick answer

USANA Health Sciences is acquiring Hiya Health Products, announced December 23, 2024. USANA Health Sciences is based in Salt Lake City, Utah, United States.

How much did USANA Health Sciences pay for Hiya Health Products?
The deal value was not disclosed.
What does USANA Health Sciences do?
USANA Health Sciences, Inc. is a global health and wellness company, focusing on the research, development, and marketing of personal care, nutritional supplements, and weight-management products.
Where are USANA Health Sciences and Hiya Health Products based?
USANA Health Sciences is based in Salt Lake City, Utah, United States. Hiya Health Products is based in Los Angeles, California, United States.
Who are the decision-makers at USANA Health Sciences?
Fundz holds 1 contact at USANA Health Sciences. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

USANA Health Sciences

Location

3838 West Parkway Blvd.

Salt Lake City, Utah, United States

About

USANA Health Sciences, Inc. is a global health and wellness company, focusing on the research, development, and marketing of personal care, nutritional supplements, and weight-management products. It operates as a direct selling company, offering its products through independent distributors in approximately 24 markets worldwide.

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Frequently asked

Who acquired Hiya Health Products?

Hiya Health Products was acquired by USANA Health Sciences, based in Salt Lake City. The deal was reported on December 23, 2024. USANA Health Sciences, Inc. is a global health and wellness company, focusing on the research, development, and marketing of personal care, nutritional supplements, and weight-management products. USANA Health Sciences is publicly traded (USNA) and operates in Health Care.

When did USANA Health Sciences acquire Hiya Health Products?

USANA Health Sciences's acquisition of Hiya Health Products was reported on December 23, 2024. USANA Health Sciences, Inc. has acquired a 78.8% controlling ownership stake in Hiya Health Products, LLC, a leading direct-to-consumer provider of high-quality children’s health & wellness products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hiya Health Products do?

Hiya Health Products, LLC is a leading direct-to-consumer health & wellness company, specializing in high-quality children’s health products. It is privately held, operating in Health Care, and is based in Los Angeles.

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