Atkins Nutritionals

Atkins Nutritionals, Inc. was founded by Robert Atkins in order to promote the low-carbohydrate packaged foods of the Atkins diet. Currently it is owned by Roark Capital Group.

Atkins Founded Atkins Nutritionals, Inc. in 1989 to promote the low-carbohydrate products of its popular atkins diet. This diet was developed after Atkins read a research paper in the Journal of the American Medical Association. The paper, entitled “Weight Reduction,” was published by Alfred W. Pennington in 1958. Atkins used information from the study to resolve his own overweight condition. In October 2003 Parthenon Capital LLC and Goldman Sachs both acquired stakes in the company. Following the death of its founder in 2003, the Atkins Nutritionals Inc. report, citing losses of $ 340 million. The company emerged from bankruptcy in 2007 owned by North Castle Partners, with a focus on marketing the low-carbohydrate aspect of its products and an attempt to emphasize the overall nutritional value of its line of foods. It now has a business strategy concentrating on sales of nutrition bars and shakes. Roark Capital Group bought the company in 2010. Under Roaming it has been stabilized and it has been broken down into two types of private equity firms. In February 2015 it was reported that no material ever materialized. Under Roaming it has been stabilized and it has been broken down into two types of private equity firms. In February 2015 it was reported that no material ever materialized. Under Roaming it has been stabilized and it has been broken down into two types of private equity firms. In February 2015 it was reported that no material ever materialized.

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