NBTY acquisition of Julian Graves formally approved
4 September 2009
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NBTY, Inc. announced on Aug. 20 that its acquisition of Julian Graves, a chain of 350 food and confectionary stores in the United Kingdom, has been formally cleared in the United Kingdom by the U.K. Competition Commission. The Julian Graves acquisition had been provisionally approved by the U.K. Competition Commission on July 22.
NBTY’s subsidiary, NBTY Europe, purchased Julian Graves on Sept. 16, 2008, for approximately $25 million US.
NBTY is a leading global vertically integrated manufacturer, marketer and distributor of a broad line of high-quality, value-priced nutritional supplements in the United States and throughout the world. Under a number of NBTY and third-party brands, the company offers over 22,000 products, including products marketed by the company’s Nature’s Bounty, Vitamin World, Puritan’s Pride, Holland & Barrett, Rexall, Sundown, MET-Rx, Worldwide Sport Nutrition, American Health, GNC (UK), DeTuinen, LeNaturiste™, SISU, Solgar, Good ‘n’ Natural, Home Health™, Julian Graves, and Ester-C brands.
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