NBTY the maker of Nutritional Supplements has just completed the purchase of virtually all assets of Leiner Health Products Co.
NBTY sells its products in retail stores, and through independent distributors. NBTY sells products under various other brand names including, Nature’s Bounty, MET-Rx and Solgar.
NBTY paid $371 million to purchase the assets of Leiner. The sale includes all of Leiner’s assets, including its U.S. store brand vitamins and supplements, as well as its Canadian subsidiary, Vita Health Products, Inc.
The buyout was announced a little over a month ago and stemmed from an auction of Leiner’s assets after the company had filed for bankruptcy.
NBTY Chairman and Chief Executive Scott Rudolph said the acquisition will enhance the company’s manufacturing capabilities and market presence.
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[...] which operates through retail locations, and through independent distributors, just recently purchased the assets of Leiner Health Products, a manufacturer of some major store brand vitamins. The [...]
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