NOW Foods Acquires Nature's Apothecary 27374

NOW Foods Acquires Nature's Apothecary

BLOOMINGDALE, Ill.--On Sept. 23, NOW Foods (www.nowfoods.com)closed its acquisition of Nature's Apothecary, a manufacturer of natural herbalproducts based in Louisville, Colo. Financial details were not disclosed.Nature's Apothecary's manufacturing and distribution operations have beenconsolidated into NOW's location in Illinois.

Nature's Apothecary was owned and operated by the Weldon family,founders of Makers of KAL; the Weldons will no longer be involved in thecompany's operations. In a press statement, Lee Weldon stated, "I ampleased with the sale of the company to NOW Foods, another family-owned industryleader with a long history in the natural products arena. This will giveNature's Apothecary continuing opportunities for growth and expansion in thefuture."

The line of herbal supplements and personal care products willcomplement the current NOW Foods catalog, which includes an array of dietarysupplements, personal care products and some foods/teas. According to DanRichard, sales manager at NOW Foods, the company worked for about nine months onthis acquisition and is continuing to look at acquisitions of other small- tomedium-sized, privately held domestic and international companies.