Celsius Holdings Inc to Acquire Func Food Group Oyj
On September 11th, Celsius Holdings Inc, (Nasdaq: CELH) maker of the leading global fitness drink, CELSIUS®, announced that the company has entered into a definitive agreement to acquire Func Food Group Oyj (“Func Food”). Func Food is a Nordic wellness company that markets and distributes beverages, protein bars, supplements and superfoods under the brands Celsius, FAST Sports Nutrition, Cocovi and FitFarm. Func Food subsidiaries include Func Food Finland Oy and Suomen Lisäravinne Oy in Finland and People´s Choice Ab in Sweden. The company represents a comprehensive portfolio of well-