Aterian announces closing of acquisition of health and wellness brand

New york, oct. 04, 2022 (globe newswire) -- aterian, inc. (nasdaq: ater) (“aterian” or the “company”) today announced the closing of the previously announced acquisition of the assets of a brand in the health and wellness category. the company believes that the acquisition will be accretive; expanding and securing market share in an existing portfolio brand's category. the specific terms of the acquisition were not disclosed.
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