NBTY
This article was originally published in The Tan Sheet
Executive Summary
Acquires assets of Dynamics Essentials, Inc., a Dallas-based network marketer and distributor of dietary supplements and skin care products, for about $1 mil. cash, NBTY says May 13. DEI markets the Lifeforce Essentials supplements and the Tyra skin care line. DEI will operate as a wholly owned subsidiary, under former management, NBTY says. The transaction is the latest in a string of small acquisitions by NBTY; the firm acquired assets of three mail-order firms in August and three more in April 1998 ("The Tan Sheet" Aug. 10, 1998, In Brief and April 6, 1998, In Brief)
You may also be interested in...
NBTY Sales Increase 12% To $155 Mil. In Third Quarter
NBTY sales rose 11.6% to $155.1 mil. in the third quarter ended June 30, but net income fell by nearly half, down 46.7% to $4.3 mil., from $8.1 mil. the year before. In the nine months, sales increased 8.9% to $463.7 mil., and net income dropped 53.9% to $4.3 mil. NBTY's bottom line was negatively affected by $4.6 mil. in litigation expenses related to the outcome of a dispute over the acquisition of Holland & Barrett, NBTY announced Aug. 5.
NBTY Sales Increase 12% To $155 Mil. In Third Quarter
NBTY sales rose 11.6% to $155.1 mil. in the third quarter ended June 30, but net income fell by nearly half, down 46.7% to $4.3 mil., from $8.1 mil. the year before. In the nine months, sales increased 8.9% to $463.7 mil., and net income dropped 53.9% to $4.3 mil. NBTY's bottom line was negatively affected by $4.6 mil. in litigation expenses related to the outcome of a dispute over the acquisition of Holland & Barrett, NBTY announced Aug. 5.
NBTY Sales Increase 12% To $155 Mil. In Third Quarter
NBTY sales rose 11.6% to $155.1 mil. in the third quarter ended June 30, but net income fell by nearly half, down 46.7% to $4.3 mil., from $8.1 mil. the year before. In the nine months, sales increased 8.9% to $463.7 mil., and net income dropped 53.9% to $4.3 mil. NBTY's bottom line was negatively affected by $4.6 mil. in litigation expenses related to the outcome of a dispute over the acquisition of Holland & Barrett, NBTY announced Aug. 5.