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Knox NutraJoint

This article was originally published in The Tan Sheet

Executive Summary

NBTY's purchase of joint and nail health supplement line from Kraft Foods for approximately $4 mil. expected to close by end of December, firms announce Dec. 19. Purchase includes original NutraJoint and NutraJoint Plus Glucosamine, as well as Knox for Nails. Revenues of acquired products are expected to reach roughly $15 mil. in 2001. NBTY recently announced plans to purchase customer lists, URLs for Vitamins.com, WebRx.com from bankrupt HealthCentral (1"The Tan Sheet" Dec. 17, In Brief)...

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Supplement firm buys customer lists, URLs for Vitamins.com, WebRx.com from bankrupt HealthCentral for $2.8 mil. Acquisition includes customer list for L&H Vitamins mail-order operation. Deal was approved Dec. 6 in HealthCentral's bankruptcy proceedings and is expected to close later this month. Acquired operations had sales of approximately $15 mil. for the last 12 months and a combined customer list of roughly 1.8 mil. names, NBTY says. HealthCentral and its subsidiaries filed for Chapter 11 protection in October (1"The Tan Sheet" Oct. 15, In Brief)...

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