As part of our ongoing effort to accelerate growth through acquisitions of leading brands in fast-growing categories, we acquired Nutranext, a health-and-wellness company based in Sunrise, Florida. The company manufactures and markets leading dietary supplement brands, including Rainbow Light, Natural Vitality and Neocell, in retail and e-commerce channels. The acquisition brings significant scale and breadth to our dietary supplements business as we continue to drive portfolio momentum with a focus on health and wellness.
1IRI/SPINS, POS retail dollar sales ending Dec. 31, 2017.
Five years into our strategy, we’ve made substantial contributions to the well-being of our neighbors and our global community. From fiscal years 2013 to 2018, we have given more than $25 million in foundation and corporate cash grants to support community initiatives, with a particular focus on nonprofit organizations in the areas of K-12 education, youth development, cultural arts organizations, health initiatives and, more recently, urban farming.
During the same time frame, the company made $44.4 million in product donations, while our brands invested more than $6 million in cause-marketing campaigns to make a difference in safe drinking water, education and youth leadership, pet adoption and men’s health, to name a few projects aligned with their purposes.
From the 2012 to 2017 calendar years, our employees volunteered 644,553 hours of their time to improve their local communities, effort that is valued at nearly $16 million.
Consistent with our values as a company, we will continue to be committed to the well-being of our communities.