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Weider acquisition of German firm Haleko will nearly quadruple international sales.

This article was originally published in The Tan Sheet

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Executive Summary

WEIDER ADDING BULK IN EUROPE WITH HALEKO ACQUISITION; Weider Nutrition announced a definitive agreement for the purchase of the German sports nutrition company for $25 mil. in cash plus additional stock July 10. Following the acquisition, the operations of Haleko, described as the largest sports nutrition company in Europe, will be combined with Weider's U.K.-based international business.

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