Mail order vitamin marketer NBTY Inc., Bohemia, NY, has signed an agreement to acquire Nutrition Warehouse, Inc. and its affiliated companies for $20 million in cash and about 1.1 million shares of NBTY stock. The principals of Nutrition Warehouse will join NBTY management.
“The acquisition of Nutrition Warehouse will expand our opportunities for direct response and e-commerce, ” said NBTY CEO Scott Rudolph, in a statement.