Quest is a fast-growing active lifestyle brand with a highly engaged consumer base. Its on-trend philosophy focuses on creating snacks that contain high protein levels with minimal sugars and net carbohydrates.
This combination positions Simply Good Foods to continue to benefit from consumer mega trends related to healthy eating and better nutrition as the great-tasting Atkins and Quest products offer consumers a smart and convenient approach to healthier snacking.
We also believe that our collective brands will benefit from increased cross-selling and marketing opportunities, as well as enhanced go-to-market strategies that will drive meaningful net sales and earnings growth. As part of Simply Good Foods, Quest will benefit from the combination of two great organizations focused on providing consumers with healthier food choices.
Makers of the #1 selling Quest Bar! g of high-quality protein, plenty of fiber, low carb, soy free, gluten free, no added sugar. It is delicious & healthy!. Quest Bars were created from a simple idea: food should taste as good as it is Quest is driven to engineer foods that don't compromise on taste or nutrition. Shop Quest Nutrition products at telemeetlove.site With products like cookies, mct oil powder, protein chips & protein bars, telemeetlove.site has the product for you. Buy Quest Nutrition Cookies & Cream Protein Bar, High Protein, Low Carb, However just opened a box, well in date and found my bar with mold on it, not.
Quest has an extremely loyal following and favorable demographic profile with strong appeal among consumers years old with almost no overlap with the Atkins consumer. Scalable, Growth-Oriented Platform.
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Additionally, the combination is expected to be accretive to cash EPS in year one. This represents a net purchase price multiple of approximately The Company also anticipates issuing equity and, given the expected solid cash flow generation of the combined businesses, anticipates a net dating quest nutrition to Adjusted EBITDA multiple of 4.
The transaction has been approved with unanimous support by the Board of Directors of Simply Good Foods, its purchasing subsidiary and by the governing bodies of the Target and is expected to close by the end ofsubject to satisfaction of customary closing conditions and receipt of regulatory clearance.
Conference Call and Webcast Information The Company will host a conference call with members of the executive management team to discuss this announcement on August 21, at p. Investors interested in participating in the live call can dial from the U.
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The webcast will be archived for 30 days. A telephone replay will be available approximately two hours after the call concludes and will be available through Wednesday, September 4,by dialing from the U.
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