NBTY
This article was originally published in The Tan Sheet
Executive Summary
Company to acquire SDV, Rexall Sundown's mail order vitamins and supplements business, firms announce March 24. SDV is the latest of about a dozen NBTY acquisitions of mail order nutritionals companies since 1986, the firm says. The sale is expected to clear regulatory hurdles and be completed in mid-April. SDV will be folded into NBTY's Puritan's Pride/Puritan.com business over the next two to three years, but the SDV brand will be retained for its products. SDV sales for the second quarter ended Feb. 29 were roughly $3 mil., a slight decline from the year-ago period but consistent with the division's performance since 1998, Rexall says (1"The Tan Sheet" March 27, p. 8)
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