Danone S.A. (ENXTPA:BN) acquired Nutritional Medicinals, LLC from SPC Management Co. Inc. on May 1, 2024. Lazard served as exclusive financial advisor to Functional Formularies, and Jones Day acted as legal counsel to Functional Formularies and Swander Pace Capital on the transaction.

Danone S.A. (ENXTPA:BN) completed the acquisition of Nutritional Medicinals, LLC from SPC Management Co. Inc. on May 1, 2024.