USANA Health Sciences Announces Acquisition Of Hiya Health For $205 Million
By Amit Chowdhry ● Dec 27, 2024
USANA Health Sciences announced its acquisition of a 78.8% controlling ownership stake in Hiya Health Products, a leading direct-to-consumer provider of high-quality children’s health & wellness products. The $205 million cash transaction closed on December 23, 2024, and is anticipated to be accretive to USANA’s 2025 adjusted EBITDA. For the last year ended September 30, 2024 (unaudited), Hiya generated net sales of $103 million, net income of $19 million, and adjusted EBITDA of $22 million. As of September 30, 2024, Hiya had over 200,000 customers.