New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 9, 2014
05:38 EDTVSIVitamin Shoppe acquires FDC Vitamins for $85M
Vitamin Shoppe announced that it has purchased FDC Vitamins, doing business as Nutri-Force Nutrition, a contract manufacturer of vitamins, minerals and supplements from MBF Healthcare Partners, and other minority holders. Nutri-Force is a current manufacturer for the company as well as for other domestic and international customers and distributors. The transaction was structured as a purchase of FDC Vitamins, equity by a wholly-owned subsidiary of the Vitamin Shoppe. The purchase price is approximately $85M which includes a $5M earn out based on 2014 financial performance. The purchase price will be paid with available cash. The acquisition of Nutri-Force is expected to be neutral to slightly accretive to 2014 EPS, excluding transaction and integration costs.
News For VSI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for VSI

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use