11.01.08
NBTY, Inc., Ronkonkoma, NY, has acquired Julian Graves, the U.K.’s largest independent specialty natural food and ingredients retailer for approximately $25 million. Julian Graves has a network of 350 stores nationwide, with annual sales of approximately $120 million. The acquisition will expand NBTY’s European Retail division from 638 stores to 983 stores. NBTY Chairman and CEO, Scott Rudolph, said, “The acquisition of Julian Graves is an integral part of NBTY’s strategic plan to enhance its position as the number one supplement retailer in the U.K. and gain greater market share. We continue to seek acquisitions, which generate growth and further entrench NBTY as the worldwide leader in the nutritional supplement industry.”