Glanbia acquires Watson for $89 million, expands global ingredient sector

Glanbia acquires Watson for $89 million, expands global ingredient sector

Ireland-based Glanbia announced it will acquire Watson Inc., a U.S.-based nondairy ingredient solutions business, for US$89 million. The transaction, announced Feb. 20 during the release of its 2018 financial results, complements Glanbia’s Nutritional Solutions business and will help broaden its capabilities in the global ingredients sector.