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Orgain is an organic nutrition company founded in 2009. It manufactures organic plant-based protein powder and nutritional protein shakes.[1][2][3]
In February 2022, Nestlé Health Science announced that it had agreed to purchase a majority stake in Orgain.[1]
Private equity firm Patricof Co. invested in Orgain.[4]
In April 2024, Orgain won a $10 million jury verdict and a permanent injunction against rival company Iovate Health Sciences. Iovate was found liable of copying the signature green containers used by Orgain.[5]
In December 2024, the company recalled one of its products due to potential peanut residue contamination.[6]
References
edit- 1 2 "Nestlé Buying Majority of Plant-Based Protein Powder Maker Orgain". Food Manufacturing. February 3, 2022.
- ↑ Dunn, Elizabeth G. (2 February 2023). "Why Grandma's Nutrition Drink is So Hard to Disrupt". The New York Times.
- ↑ "Our Favorite Plant-Based Chocolate Protein Powder is on Sale Right Now". 9 January 2024.
- ↑ Mullin, Benjamin (February 13, 2020). "The Latest Member of an Athlete's Entourage? A Private-Equity Guru". Wall Street Journal – via www.wsj.com.
- ↑ "Organic Protein Powder Wins $10 Million, Injunction for IP Claim".
- ↑ "Popular protein powder distributed nationwide in retail stores and online recalled". local12.com. 23 December 2024.