In this deal with Biovation Labs, Adaptive Health will make investments to achieve the best offerings and elevate its channel strategy
Adaptive Health, a provider of science-based nutritional health products, lately announced that it is acquiring Biovation Labs, which is a nutritional supplement manufacturing, distribution, and fulfillment operation cited in Salt Lake City, Utah.
Biovation Labs is involved in high-quality formulation, blending, encapsulation, and packaging. Moreover, currently, it manufactures several core products of Adaptive Health.
Acquisition to enhance production effectively
In this deal, Adaptive Health is planning to invest in new state-of-the-art equipment and facility upgrades with an intention to increase manufacturing capacity and continue to ensure the highest quality products. This move will enable Adaptive Health to reduce the time required for manufacturing products and ship products in a more quick and efficient way. Moreover, it would be able to perform in-house laboratory testing and expand Biovation Labs’ commitment to producing high-quality nutritional supplements.
The deal will result in fast shipping of deliverables
Biovation Labs, which currently manages all of Adaptive Health’s warehousing, distribution, and fulfillment, is responsible for the thousands of daily direct-to-consumer shipments, as well as shipments to national retailers like GNC, Walgreens, and CVS. Henceforth, Adaptive Health will be able to fulfill orders from its local facilities and through its multi-warehouse solution spread across the US to increase the speed of deliveries and better compete with the online retailers offering faster shipping.
Brandon Adcock, CEO and Co-founder, Adaptive Health, said, “Biovation Labs has a well-earned reputation for its cutting-edge solutions and high-quality production.” Further, he added, “We have been working with Biovation Labs since we launched our first product line in 2009, and this vertical integration improves our overall capabilities while opening the door for many new and exciting opportunities.”
Insights into Adaptive Health’s journey
With this acquisition of Biovation Labs, Adaptive Health is expecting rapid growth ahead. Since named as the fastest growing privately owned company in Charlotte, NC in 2012, the organization has expanded from 35 employees to over 250 employees across four sites countrywide. In December 2017, Adaptive Health acquired Healthy Directions, a provider of premier doctor-formulated nutritional supplements and expert natural health guidance. Presently, with the addition of Biovation Labs, Adaptive Health has improved its potential for further growth and solidified its commitment to quality through vertical integration.