NBTY
This article was originally published in The Tan Sheet
Executive Summary
Acquires assets of three privately held vitamin mail-order firms: Home Health Products of Virginia Beach, Va.; Barth-Spencer of Pompano Beach, Fla.; and Darby Health Group of Westbury, N.Y., which together had aggregate sales of approximately $20 mil. in 1997, Bohemia, N.Y.-based NBTY announces Aug. 3. The asset purchase price was $7.8 mil. in cash. Barth-Spencer has been in operation for more than 40 years, NBTY says, while Home Health Products and Darby have been in the mail-order business for more than 15 years...