07.01.04
Supplement maker Nutraceutical International, Park City, UT, has entered into a purchase and sales agreement to acquire Natural Balance, Castle Rock, CO, by establishing a newly formed subsidiary. The purchase price is approximately $9 million, and the addition of the Natural Balance products will add to Nutraceutical’s portfolio of 50 brands.
In other news, the company has acquired the Montana Big Sky™ brand of supplements by purchasing selected assets of Delaware—based Montana Naturals, Inc. The Montana Big Sky brand offers specialty bee products, including bee pollen, royal jelly and propolis. The purchase price was approximately $600,000 in cash.
Nutraceutical International was also recently selected by BusinessWeek Magazine as one of 100 Hot Growth Companies. Nutraceutical received a ranking of 61.
In other news, the company has acquired the Montana Big Sky™ brand of supplements by purchasing selected assets of Delaware—based Montana Naturals, Inc. The Montana Big Sky brand offers specialty bee products, including bee pollen, royal jelly and propolis. The purchase price was approximately $600,000 in cash.
Nutraceutical International was also recently selected by BusinessWeek Magazine as one of 100 Hot Growth Companies. Nutraceutical received a ranking of 61.