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PacificHealth Laboratories Receives $1 Million Equity Investment

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By: Sean Moloughney

Editor, Nutraceuticals World

Hormel Health Labs, Austin, MN, a subsidiary of Diamond Crystal Sales, has made a $1 million equity investment in PacificHealth Laboratories, Matawan, NJ. According to Robert Portman, chairman, “PacificHealth Laboratories has developed an extensive portfolio of science-based nutritional technology focusing on sports performance, weight loss and type II diabetes. It is clear this technology has application not only in the consumer market but may also have clear benefits in the professional arena.” He added, “The investment by Hormel Health Labs is a recognition on their part of the potential of this technology in the markets they serve. I believe there are some strong synergies between the two companies and over the next few months we will be exploring how best to mutually take advantage of our respective assets.”

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