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Herbalife Acquires Cristiano Ronaldo-backed Supplement Company Bioniq
Yahoo Finance· 2026-03-26 15:10
Acquisition Overview - Herbalife has acquired personalized supplement company Bioniq for a total deal value of up to $150 million, with an initial purchase price of $55 million and contingent payments of $95 million based on future performance [1][4]. Company Background - Bioniq was founded in 2019 by former German basketball player Vadim Fedotov and commerce veteran James Hardy, focusing on making health measurable and accessible through personalized daily formulas [2]. - The company operates on a member-based model where users receive tailored health solutions based on a lifestyle and health needs quiz [2]. Investment and Growth - Notable investors in Bioniq include soccer star Cristiano Ronaldo, who invested an undisclosed amount after being a member since 2022, along with other investors such as Diogo Dalot, Porsche Ventures, Rock Internet, and HV Capital [3]. Strategic Vision - Herbalife's CEO, Stephan Gratziani, emphasized the importance of personalized and data-driven health solutions, stating that the combination of Bioniq's technology with Herbalife's global infrastructure positions the company to deliver personalized nutrition to millions [4]. Financial Performance - Herbalife's market valuation has increased to $1.5 billion, up from $876.8 million a year ago, reflecting significant growth in the nutritional sector [5].