V3 Group's supplement brand LAC has acquired the Masquelier French extract business, marking a notable expansion move for the health and wellness company.

Deal Overview

The acquisition sees LAC, a supplement brand under V3 Group, take over the Masquelier French extract business. The transaction was reported by Vietnam Investment Review.

Strategic Significance

The deal positions LAC to broaden its portfolio within the supplement and extract segment. By bringing the Masquelier French extract business under its umbrella, V3 Group reinforces its commitment to growing its presence in the health supplement industry.

About the Companies

LAC operates as a supplement brand under V3 Group, while Masquelier is known for its French extract business. The acquisition aligns the two businesses under a single corporate structure.

Further details regarding the financial terms of the acquisition were not disclosed in the initial report.