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VitaQuest Sells Majority Stake to Equity Firm
April 25, 2005
1 Min Read
VitaQuest Sells Majority Stake to Equity Firm
NEW YORKCustom contractnutritional products manufacturer Vitaquest International LLP sold a 58-percentstake in its company to MidOcean Partners, a middle market private equity firmexperienced in consumer packaged goods and contract manufacturing markets. According to the company, MidOcean noticed a potential growthtrend in the outsourced manufacturing and chose Vitaquest for its highlycustomized products and customer service. Financial terms of the sale, brokeredby Morristown, N.J.-based law firm Riker, Danzig, Scherer, Hyland & PerrettiLLP, were not disclosed.
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