Business

Who Owns Metagenics? Ownership Explained

The world of nutraceuticals is vast and ever-growing, with companies continually emerging to meet the increasing demand for high-quality supplements. One such company that has gained significant attention in recent years is Metagenics. But who owns Metagenics, and what sets this company apart from the rest? In this blog post, we will explore the ownership of Metagenics, the products they offer, and the fascinating history behind this prominent nutraceutical company.

Overview of Metagenics

Metagenics is a global leader in the nutritional supplements industry, committed to improving people’s lives through science-based, high-quality products. Founded in 1983, Metagenics has become a renowned brand, earning a reputation for its dedication to research, innovation, and developing cutting-edge formulas. With a focus on preventive healthcare, Metagenics aims to address the root cause of chronic illnesses through nutritional interventions.

Who Owns Metagenics?

Metagenics is a privately held company, owned by Alticor Inc., the parent company of Amway. Alticor acquired Metagenics in 2009 as part of its ongoing commitment to expanding its health and wellness portfolio. This strategic partnership has allowed Metagenics to further advance its mission of providing top-quality nutraceuticals to consumers worldwide, leveraging Amway’s extensive global distribution network and resources.

What Products Does Metagenics Offer?

Metagenics offers a diverse range of products that cater to various health needs, including dietary supplements, medical foods, and lifestyle programs. Their product categories include:

  1. Vitamins and Minerals: Metagenics provides an array of essential vitamins and minerals, available in various forms such as capsules, tablets, and powders, to support overall health and well-being.
  2. Targeted Nutrition: These products are designed to address specific health concerns such as cardiovascular health, gastrointestinal support, immunity, and more, through targeted nutritional interventions.
  3. Medical Foods: Metagenics offers a selection of medical foods formulated to manage specific health conditions through nutritional support under medical supervision.
  4. Lifestyle Programs: Metagenics has developed comprehensive lifestyle programs that combine dietary guidance, exercise recommendations, and supplements to support weight management, detoxification, and general health optimization.

The Ownership History of Metagenics

Metagenics was founded in 1983 by Dr. Jeffrey Bland, a biochemist, and Dr. Robert Lerman, a nephrologist. The two visionaries aimed to address the growing need for high-quality, science-backed nutritional supplements that could promote health and prevent chronic disease.

In the years that followed, Metagenics quickly established itself as a leader in the nutraceuticals industry, focusing on research and development to create innovative, evidence-based products. The company’s commitment to quality and scientific integrity caught the attention of Alticor Inc., the parent company of Amway, leading to its acquisition in 2009.

Since then, Metagenics has continued to flourish under Alticor’s ownership, expanding its product range and global presence. The company remains dedicated to its mission of promoting health and wellness through science-backed, high-quality nutraceuticals, and lifestyle interventions.

Impact of Ownership on Metagenics’ Products

Metagenics is owned by a renowned healthcare company, Alticor Inc. Alticor is the parent company of Amway, one of the world’s largest direct selling businesses. The ownership of Metagenics under Alticor Inc has had a significant impact on the quality and diversity of its products.

Alticor’s vast resources and dedication to health and wellness have allowed Metagenics to expand its product range significantly. The company now offers a wide variety of nutritional supplements, targeting different health needs. From daily multivitamins to specific health-boosting supplements, Metagenics provides high-quality products that cater to diverse consumer needs.

The ownership has also influenced the company’s commitment to clinical research. Metagenics invests heavily in research and development, ensuring that its supplements are backed by science. This commitment to quality and science is a direct result of Alticor’s ownership.

Who is the CEO of Metagenics?

The current CEO of Metagenics is Pat Smallcombe. He assumed the role on February 13, 2023, succeeding Brent Eck, who transitioned to an advisory position on the company’s board after a successful seven-year tenure .

Pat Smallcombe brings extensive experience in the consumer healthcare industry, having held leadership positions across various business models and geographic markets, including Asia, Australasia, Europe, and North America. Before joining Metagenics, he served as Company Group Chairman of EMEA for Johnson & Johnson, overseeing a $3.5 billion portfolio of consumer health brands .

In his role at Metagenics, Smallcombe focuses on expanding the company’s global footprint and leveraging market trends in areas such as stress, sleep, and gut health. He emphasizes the importance of science-backed nutritional solutions and partnerships with healthcare professionals to meet the growing consumer demand for effective health products .

The Future of Metagenics

Looking ahead, Metagenics plans to continue its commitment to quality, innovation, and research. The company aims to expand its product range further, targeting new health areas and providing consumers with a wider variety of supplements.

Metagenics also plans to invest further in research and development. The company believes that clinical research is the key to creating effective, science-backed supplements. As part of this plan, Metagenics will continue to collaborate with healthcare professionals and scientists to develop innovative products.

Additionally, under the continued leadership of CEO Brent Eck, Metagenics aims to strengthen its commitment to a patient-first approach. The company plans to focus on creating products that genuinely support and improve patients’ health and wellness.

Conclusion

Understanding who owns Metagenics and the company’s history provides valuable insight into their commitment to quality and innovation in the nutraceuticals industry. As a subsidiary of Alticor Inc., Metagenics has the resources and support to continue developing cutting-edge products that address a variety of health needs.

With a wide range of dietary supplements, medical foods, and lifestyle programs, Metagenics is a trusted brand for those seeking science-based, high-quality nutritional solutions to support their journey towards optimal health and well-being.

Laura Bennett

Laura Bennett is a former New York City marketing director with a sharp eye for corporate absurdities and a natural talent for turning everyday workplace frustrations into sharp, witty commentary. Originally from the Midwest, she built her career in the fast-paced world of Manhattan branding, where she spent over a decade leading campaigns and enduring the buzzword-heavy culture of open-plan offices and endless “innovation” meetings. In 2014, she began blogging privately about the more ridiculous sides of office life, and by 2019, she transformed that blog into Cranky Business. What started as an outlet for humorous rants has grown into a beloved destination for professionals who crave honesty, humor, and a bit of sanity in the chaos of modern work culture.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button