07.01.05
In early June, supplement giant NBTY, Bohemia, NY, announced its plans to purchase Solgar, Leonia, NJ, for $115 million. Solgar has been in the supplement business since 1947, having been acquired in recent years by Wyeth Consumer Healthcare, Madison, NJ. According to NBTY, the recent acquisition will give it broader access to specialty stores due to Solgar’s presence in over 5000 retail outlets. In addition, it will give them a greater presence in international markets.