Leiner Ownership Expected To Change Hands In Recapitalization Deal
This article was originally published in The Tan Sheet
Executive Summary
North Castle Partners is reportedly in the second round of talks to sell its stake in Leiner Health Products to another private equity firm
You may also be interested in...
Carlyle Group's $3.8B Bid For NBTY Could Face Competition
The Carlyle Group's planned acquisition of NBTY for $3.8 billion may not be the only private equity offer to surface for the dietary supplement giant
Abbott Gains Sports, Weight-Loss Brands With EAS Acquisition
Abbott Laboratories' acquisition of EAS will expand the diversified firm's consumer nutritionals business, adding a number of sports nutrition bars and weight-loss products to its "healthy living" category
Leiner recapitalization complete
Sale of North Castle Partners' majority stake in private labeler Leiner Health Products is finalized, the private equity firm announces May 27. A $265 mil. investment in Leiner by private equity firm Golden Gate and North Castle makes the two firms co-sponsors of Leiner and is part of the $650 mil. recapitalization. North Castle talked with several equity firms prior to announcing the deal (1"The Tan Sheet" Feb. 23, 2004, p. 3)...