LifeVantage Announces Acquisition of LoveBiome, Expanding Leadership in Direct Sales, Microbiome Health and Wellness
1. LifeVantage acquires LoveBiome, enhancing microbiome wellness solutions. 2. LoveBiome's P84 product strengthens gut health, crucial for overall wellness. 3. Global gut health market projected to grow from $14.4B to $32.4B by 2035. 4. Acquisition expected to enhance revenue and Adjusted EPS in year one. 5. Key LoveBiome personnel retained, ensuring operational continuity post-acquisition.