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NOW Foods

Employee-and-family-owned manufacturer that tests its competitors at its own expense and publishes the results.

Status: Approved
Website
nowfoods.com
HQ
USA
Manufacturing
USA
Ownership type
Employee-owned
Parent
NOW Health Group, Inc.
Acquired
2026-01-07 (ESOP, ~30%)
Status since
2026-08-25

Ownership

ESOP announced 2026-01-07: employees expected to hold ~30%, family and management retaining ~70%. Partial sale, not a full transfer.

Why Approved

Owns its plants with in-house analytical labs, a partial employee-ownership structure that is the only counter-trend found in the category, and no enforcement history located. Runs 24 rounds of independent retail testing since 2017 covering 175 products.

Reversibility

What would change our verdict

ESOP unwound or family stake sold to a strategic or PE buyer. Manufacturing shifted off the named US plants.

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