Omni Nutraceuticals
This article was originally published in The Tan Sheet
Executive Summary
Operator of the HealthZone.com online supplement retailer to acquire VitaminDiscount.com and its sister information site, Alt-Health.com. VitaminDiscount.com's 14,000 products and Alt-Health.com's portal to a Web health library will combine with HealthZone.com to "create an online health community," Omni says. VitaminDiscount.com had annual sales of $2 mil. and turned a "modest" profit during its last year of business. Omni 1999 sales increased 15.6% to $35.3 mil., the company reports April 14, with an $8.9 mil. net loss, compared to net income of $1 mil. in 1998
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