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Catalent today announced that it has reached an agreement to acquire Bettera Holdings, LLC, a major manufacturer in the high-growth gummy, soft chew, and lozenge segments of the nutritional supplements market, for $1 billion.
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**Brand Description for Catalent, Inc.**
Catalent, Inc. is a leading global provider of development sciences and manufacturing platforms for medicines, biotherapeutics, cell and gene therapies, and consumer health products. Founded nearly 90 years ago and headquartered in Somerset, New Jersey, Catalent employs over 17,000 individuals, including 2,500 scientists, across more than 50 facilities worldwide. The company is committed to enhancing product performance and ensuring reliable global supply, generating $4 billion in revenue in 2021.
With its recent acquisition of Bettera Holdings, a prominent manufacturer in the gummy, soft chew, and lozenge segments of nutritional supplements, Catalent is strategically positioned to capitalize on the fast-growing nutraceutical market. Bettera brings a wealth of expertise in developing consumer-preferred products and will enhance Catalent's existing capabilities in softgel and oral dose formulations. This synergy allows Catalent to offer a comprehensive range of innovative delivery technologies, including Vegicaps®, EasyBurst® chewable softgels, and formulation services tailored to meet the demands of global consumer health and beauty markets.
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Health
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