NBTY Acquires Certain Assets from HealthCentral.com

December 10, 2001

1 Min Read
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BOHEMIA, N.Y.--NBTY Inc. (www.NBTY.com) reported today that it is acquiring certain assets of HealthCentral.com, the online retailer that filed bankruptcy Oct. 9, and its affiliates for $2.8 million in cash. The assets include the customer list of the company's mail order operation, L&H Vitamins, and the customer list and URLs of Vitamins.com and WebRx.com. The acquisition was approved by bankruptcy court on Dec. 6 and is expected to close within two weeks.

According to NBTY, these operations had collective sales of approximately $15 million over the past 12 months and a combined customer list of approximately 1.8 million names.

"NBTY continues to make strategic acquisitions at advantageous terms," stated NBTY chairman and chief executive officer, Scott Rudolph. "Our financial strength allows us to acquire companies that are unable to sustain operations in this current difficult environment. We continue to be at the forefront of the industry's consolidation."

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