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July 6, 1999 | From Times Wire Services
Dutch food maker Royal Numico is acquiring General Nutrition Cos., a leading producer of vitamins and other nutritional supplements, for $1.75 billion in cash. The deal, under which Royal Numico would also assume roughly $760 million in debt, would create what the two companies called the largest firm in the world devoted exclusively to nutrition. The purchase would give Numico access to the biggest distribution network for nutritional products in the U.S.
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July 6, 1999 | From Times Wire Services
Dutch food maker Royal Numico is acquiring General Nutrition Cos., a leading producer of vitamins and other nutritional supplements, for $1.75 billion in cash. The deal, under which Royal Numico would also assume roughly $760 million in debt, would create what the two companies called the largest firm in the world devoted exclusively to nutrition. The purchase would give Numico access to the biggest distribution network for nutritional products in the U.S.
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