Glanbia to buy US sports nutrition company Isopure

Glanbia has agreed to purchase US-based sports nutrition company Isopure for $153m.

The move is likely to further boost Glanbia’s strong global performance nutrition sector which returned strong revenue growth of almost 22% in the first six months of the year.

“As a premium brand, the business is an excellent addition to our portfolio of market leading performance nutrition brands and provides an opportunity to leverage our infrastructure and capabilities to drive future growth,” said group managing director Siobhán Talbot.