Radient Technologies, Grupo Natac Announce Joint Venture
Radient and Natac share a common focus in health & wellness initiatives
Radient Technologies Inc. announced the formation of Natac Solutions, a 50/50 Joint Venture (the “JV”) with Grupo Natac S.L. (“Natac”).
The companies have entered into a binding letter of intent that will see a portion of Radient’s Health and Wellness Solutions business folded into the JV along with a portion of Natac’s existing business to form a global entity, named Natac Solutions, based in Madrid, Spain. Radient and Natac share a common focus in health & wellness initiatives with complementary skills, technologies and synergies to address unmet market needs. This combination will help drive innovation and global expansion for both companies.