Byheart Acquires Additional Domestic Infant Formula Manufacturing Facility Tripling Its Supply Capacity And Continuing To Fortify Formula Production In The U.S.
Acquiring Company
ByHeart
Acquired Company
Infant Formula Manufacturing Facility
New YorkManufacturingHealthcareHealth CareDescription
Today, ByHeart announces the acquisition of an additional manufacturing facility that will enable the next-generation baby nutrition company to scale production capacity of its breakthrough infant formula and increase domestic infant formula supply. Recognizing that the formula industry, which historically has been dominated by three players who control 90% of the market, was in need of change, ByHeart founders Ron Belldegrun and Mia Funt began working with DairiConcepts' FDA-registered facility in Allerton, Iowa, in 2018 to proactively build redundancy into their production ecosystem.
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Frequently asked
Who acquired Infant Formula Manufacturing Facility?
Infant Formula Manufacturing Facility was acquired by ByHeart, based in New York. The deal was reported on January 25, 2023. ByHeart is an infant nutrition company built from the ground up to deliver real innovation on behalf of babies and parents. Our mission is simple: make the best formula in the world. ByHeart is privately held and operates in Manufacturing.
When did ByHeart acquire Infant Formula Manufacturing Facility?
ByHeart's acquisition of Infant Formula Manufacturing Facility was reported on January 25, 2023. Today, ByHeart announces the acquisition of an additional manufacturing facility that will enable the next-generation baby nutrition company to scale production capacity of its breakthrough infant formula and increase domestic infant formula supply. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Infant Formula Manufacturing Facility do?
Infant Formula Manufacturing Facility is the company acquired in this transaction. It is privately held.
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