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)...