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Article: Nutraceutical Completes Acquisition of Arizona Health Foods Business.
- Article from:
- PR Newswire
- Article date:
- July 1, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nutraceutical International Corporation is pleased to announce that it has completed the previously reported acquisition of the Arizona Health Foods(TM) chain of 11 health food stores, by purchasing substantially all of the operating assets of Arizona Health Foods, Inc. through its subsidiary, Fresh Vitamins, Inc. The purchase price was approximately $3.5 million in cash. The shareholders of Arizona Health Foods, Inc. also entered into noncompete and consulting arrangements.
Nutraceutical is one of the nation's largest manufacturers and marketers of quality branded nutritional supplements sold to health and natural food stores. Nutraceutical sells its branded ...