October 18, 2024

Nutriscience Innovations Acquires XSTO Solutions

MILFORD, CT – OCTOBER 18, 2024 NutriScience Innovations, LLC (“NutriScience”), a North American supplier and developer of branded and specialty science-backed ingredient solutions, is pleased to announce its acquisition of XSTO Solutions, LLC. (“XSTO”), a value-added supplier of nutraceutical and functional ingredients.

This strategic acquisition marks a significant milestone in NutriScience’s commitment to expanding the functional and science-backed health benefits of its product line, deepening its customer relationships, and partnering with its supply partners to develop new products that meet the consumer needs of the future. The transaction adds six new branded products to NutriScience’s portfolio of ingredients and strengthens the Company’s role as a preferred ingredient supplier to leading brands in the wellness, food, and beverage industries, offering innovative ingredient solutions that meet consumer demands across all key health benefit categories. The new products feature unique benefit areas and include PepZinGI (gut health), K2Quest (bone & cardiovascular health), BenfoPure (blood glucose control), and NiaXtend (cardiovascular & healthy lipid level support), amongst others.

“We are excited to partner with XSTO as we continue to grow NutriScience. We have deep respect for Francis Foley and Daniel Murray and admire the organization and reputation they have built over the last two decades,” said NutriScience CEO, Alan Yengoyan. “XSTO aligns perfectly with our mission to deliver science-backed, effective nutritional solutions that consumers want. This acquisition not only strengthens our portfolio but also enhances our ability to serve our customers and supply partners in the industry.”

“We are excited about the opportunities this acquisition brings,” said Francis Foley and Daniel Murray of XSTO Solutions, LLC. “Joining forces with NutriScience Innovation will allow us to leverage their extensive resources and network, accelerating our ability to bring innovative solutions to a broader audience.”

This acquisition underscores NutriScience Innovation’s strategic vision for growth and innovation in the nutraceutical ingredients sector, positioning the company for continued success in an increasingly competitive marketplace. NutriScience Innovation remains committed to maintaining the high standards of quality and service that customers and suppliers have come to expect from both businesses.

 


 

ABOUT XSTO Solutions

Founded in 2005 and headquartered in Morristown, New Jersey, XSTO is a leading supplier of science-supported nutritional ingredients for the functional food and dietary supplement markets. Led by Francis Foley and Dan Murray, XSTO collaborates closely with customers to provide formulations that align with specific product goals, making them a trusted partner in the nutritional space. Learn more at https://xstosolutions.com/.

ABOUT NutriScience Innovations

NutriScience Innovations, a portfolio company of Tilia Holdings, is a global ingredient developer and supplier, offering innovative ingredients based on science and efficacy that provide unique formulation solutions to customers striving to create one-of-a-kind products. The Company’s high-quality ingredients are used in the dietary supplement, nutraceutical, functional food & beverage and animal healthcare industries. The NutriScience team brings 50+ years of combined experience in research, formulation, product development and marketing, helping to bring many successful formulas to market. For more information, please visit https://nutriscienceusa.com/.

ABOUT TILIA HOLDINGS

Tilia is a Chicago-based private investment firm focused exclusively on making control investments in the evolving “farm-to-fork” segment of the global food system. Tilia partners with growing, middle market companies who provide business services across the food supply chain and support leading, emerging and private-label CPG brands. The firm’s sector focused strategy is a successful approach to investments that spans three decades. Tilia’s deep understanding of operations enables a collaborative partnership approach with management and uniquely positions the firm to scale business service companies in the lower middle market. Through a value creation & governance model emphasizing stewardship, Tilia builds distinctive growth companies that enhance safety, nutrition & sustainability in the food supply chain. For more information, please visit www.tiliallc.com.