Atrium buys probiotic firm
This article was originally published in The Tan Sheet
Executive Summary
Atrium Innovations adds Multi-Probiotic, a blend of 16 probiotic strains that sold $27 million in 2008, to its portfolio with its acquisition of Nutri-Health Supplements in Cottonwood, Ariz. Quebec City-based Atrium Jan. 5 says it also gained Sedona Labs, Meta Foods and Sedona Labs Pro in the $23.9 million cash deal. Atrium also will make two earn-out payments based on NHS product sales in 2009 and 2010