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Bluestem Capital Invests in Renutra
January 31, 2005
1 Min Read
Bluestem Capital Invests in Renutra
WATERTOWN, S.D.RenutraNatural Health Products, based here, has secured significant investment capitalfrom Sioux City, S.D.-based Bluestem Capital Co. thanks to the supplementmanufacturers recent growth and potential expansion.
At Bluestem, we look for local companies with strongmanagement teams that make quality products in an expanding industry, saidSteve Kirby, founding partner with Bluestem. Renutra fits that profile, andwe expect the company to continue its strong growth.
Jim Engels, president of Renutra, noted the company now hasproducts in more than 30,000 retail stores nationwide and earmarked theinvestment from Bluestem as capital for future expansion.
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