PARK CITY, Utah, May 30-- Nutraceutical International Corporation has announced that it will acquire the stock of M.K. Health Food Distributors, Inc., dba Nature's Life, in a deal expected to close on or before June 30, 2003.
M.K. Health Food Distributors, Inc. markets and distributes the 400 SKU Nature's Life(R) brand through health and natural food stores, with excellent brand strength in the Western United States.
Nutraceutical will add the brand line to its own, which includes Solaray(R), KAL(R), NaturalMax(R), VegLife(R), Premier One(R), Sunny Green(TM), Natural Sport(R), ActiPet(R), Action Labs(R) and Thompson(R), hoping to achive synergies in operations, distribution and marketing. The acquisition will give nutraceutical over 3000 SKU's including over 600 exclusively sold internationally.
There are some contigencies to be worked out with the deal.