Investment funds from Morgan Stanley Capital Partners, MSCP, have acquired FoodScience, a vertically integrated provider of supplements.
Sharon Rossi will continue as FoodScience’s chief executive as it moves from Wind Point Partners.
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Headquartered in Williston, Vermont, FoodScience drives a science-first approach to formulate, manufacture, market, and distribute nutritional supplements for pets and humans.
James Stewart, managing director and co-head of consumer investing at MSCP, said: “We were drawn to FoodScience’s more than 50-year history, stellar reputation and mission to help people and pets live healthier lives. Under Sharon’s leadership, they have built a leading platform dedicated to delivering safe, effective, and innovative brands while serving as the partner of choice to FoodScience’s contract manufacturing customers. We look forward to working together as we collectively seek to build on and expand the exceptional product portfolio through continued organic growth and M&A.”
“MSCP’s investment serves as a further testament to FoodScience’s legacy and mission-driven culture,” added Rossi. “We are excited to partner with the MSCP team and look forward to leveraging their network and expertise in the pet and animal health sector to accelerate our growth both organically and through strategic acquisitions.”
In August 2024, Calvert Research and Management (Calvert) revealed that Morgan Stanley Investment Management (MSIM) has made its first commitment of $25,000 to America Needs You (ANY), an organisation dedicated to promoting economic mobility among first-generation college students.
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By GlobalDataOver the last 15 years, ANY has mentored and provided career development training to over 6,000 students, with 90% completing internships, 90% graduating, and over 80% finding full-time employment.
The donation is a part of MSIM’s yearly endeavour to support organisations that promote diversity, equality, and inclusion by contributing funds from its own reserves in relation to the Calvert US Large-Cap Diversity, equality, and Inclusion Index ETF.
