NBTY acquisition
This article was originally published in The Tan Sheet
Executive Summary
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)...
You may also be interested in...
NBTY Balance Sheet Has Firm Positioned For Acquisitions In FY ’03
NBTY plans to pursue acquisitions more actively after increasing working capital and reducing bank debt over the past fiscal year, President & CFO Harvey Kamil said during a Nov. 6 analysts call
Knox NutraJoint
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)...
Cosmetic And Personal Care Trademark Review: 16 April
Personal care and cosmetic product trademark filings compiled from the Official Gazette of the US Patent and Trademark Office, Class 3.