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)...
You may also be interested in...
NBTY acquisition
Multi-level marketer purchases Synergy Plus dietary supplement line of roughly 300 SKUs on Aug. 7; details of the acquisition were not disclosed. Synergy Plus franchise, which has been available exclusively in health food stores for over 30 years, includes numerous vitamin, mineral and herbal supplements. NBTY notes acquisition is in line with firm's plans to expand its wholesale business with niche products; Knox NutraJoint joint, nail health supplements extended the firm's portfolio in December (1"The Tan Sheet" Dec. 24, 2001, In Brief)...
NBTY acquisition
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)...
US Q1 Consumer Health Earnings Preview: Label This One Historic And Challenging But Promising
US OTC drug and supplement firms’ reports of results for the first three months of 2024 began on April 19 with P&G. JP Morgan analysts say while “some retailers in the US in particular” are reducing consumer health inventories, for the overall sector they expect “a healthier balance of positive volume and lower pricing contribution.”