10.01.06
Nutrition 21 Buys Iceland Health, Enters Omega 3 Market
Nutrition 21, Inc., Purchase, NY, has signed an agreement to acquire Iceland Health, Inc. Iceland Health is a privately held company that has developed a leading brand position in the omega 3 market. Iceland Health has exclusive U.S. rights to market and sell fish oil and omega 3 fatty acids that are manufactured by an Iceland company to pharmaceutical standards utilizing a patented distillation process. (For more information on this acquisition see this month’s World from Wall Street column, which can be found on page 28.)
Nutrition 21, Inc., Purchase, NY, has signed an agreement to acquire Iceland Health, Inc. Iceland Health is a privately held company that has developed a leading brand position in the omega 3 market. Iceland Health has exclusive U.S. rights to market and sell fish oil and omega 3 fatty acids that are manufactured by an Iceland company to pharmaceutical standards utilizing a patented distillation process. (For more information on this acquisition see this month’s World from Wall Street column, which can be found on page 28.)