AVENTURA, FLA. — WM Partners, an Aventura, Fla.-based private equity investment fund focused on the health and wellness industry, has completed its acquisition of the Vega business from Danone. Financial terms of the transaction were not disclosed.

Founded in 2001, Vega is a North American brand offering plant-based foods made with such ingredients as sprouted whole grain brown rice and pea protein, chia and hemp seeds, organic peanut butter, and such vegetables as spinach, broccoli and kale. The brand offers a range of powders for daily nutrition, sports nutrition and functional wellness.

Vega joins an investment portfolio that includes Ultima Replenisher, Great Lakes, Jade Leaf and FGO. WM Partners said its team has been monitoring Vega’s growth and trajectory in recent years.

“We believe we will be able to leverage our operational know-how to continue to grow Vega, as well as leverage Vega’s distribution strengths with our…

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