Dutch food and nutrition group Numico has said that Bill Watts would step down from the company’s supervisory board as he had expressed a possible interest in acquiring Numico’s US food supplement chain GNC in partnership with a US venture capital firm.
Numico said that no decision regarding a possible sale of GNC, of which Watts is a former chief executive, had yet been taken, reported Reuters.
In March, Numico CEO Jan Bennick said that a divestment of GNC was not a foregone conclusion but was likely.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now