In Brief: Leiner acquisition
This article was originally published in The Tan Sheet
Executive Summary
Leiner acquisition: Leiner Health Products acquires Vita Health Co., a Canadian manufacturer and marketer of vitamins, nutritional supplements and OTC drugs with 1997 sales expected to reach approximately $54 mil. in U.S. currency. Vita Health will operate independently as the Canadian division of Leiner while manufacturing specialty products for the U.S. market. The company is said to be Canada's second largest private-label supplier of supplements and OTC drugs to the food, drug and mass merchandise market...