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NBTY Nutrition Warehouse Acquisition Adds To Direct Mail, Retail Growth

This article was originally published in The Tan Sheet

Executive Summary

NBTY has reached an agreement to acquire the vitamin and supplement firm Nutrition Warehouse, Inc. for $20 mil. and just over 1 mil. shares of NBTY stock, the company announced Nov. 12.

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More than 90 Nature's Bounty brand nutritionals will be available at approximately 200 ShopRite stores in New York, New Jersey, Connecticut and Massachusetts beginning this month, the Bohemia, N.Y.-based vitamin, mineral and nutritional supplement maker announces. NBTY says it is committed to expanding wholesale operations with leading retail chains. Nature's Bounty brands also are carried by Kmart and Wal-Mart (1"The Tan Sheet" Aug. 9, p. 13)

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