Vitamins.com
This article was originally published in The Tan Sheet
Executive Summary
Internet drugstore buys L&H Vitamin, Inc. for an undisclosed amount. Long Island City, N.Y.-based L&H operates a catalog business with a 350,000-member mailing list for vitamins and supplements and a distribution facility; the firm has annual revenues of $20 mil. In the agreement, L&H's founder, Lloyd Marmon, and his son, VP Judd Marmon, received a $6.25 mil. equity interest in Vitamins.com., the D.C.-based company run by Robert Haft