Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Carlyle To Acquire NBTY for $3.8 Billion - Nutraceuticals World

What are you searching for?

Sign in
Market Updates

Carlyle To Acquire NBTY for $3.8 Billion

The Carlyle Group plans to acquire all of NBTY's outstanding shares for $55 per share, a 47% premium above the stock's closing price of $37.47.

Author Image

By: Sean Moloughney

Editor, Nutraceuticals World

The Carlyle Group plans to acquire all of NBTY’s outstanding shares for $55 per share, a 47% premium above the stock’s closing price of $37.47.
 
NBTY, based in Ronkonkoma, N.Y., makes nutritional supplements and vitamins under the brands Nature’s Bounty, Vitamin World and others.
 
In the fiscal second quarter, its net income doubled but fell short of expectations. Revenue rose 18 percent to $705.1 million. The company has a market capitalization – the total dollar market value of all of a company’s shares – of about $2.38 billion.
 
Private-equity deals were scarce during the recession but have increased in 2010.
 
NBTY said its board of directors have approved the deal. NBTY is permitted to solicit other proposals for a certain period of time. The deal is expected to close by the end of the year.
 
“We will leverage Carlyle’s global resources and consumer sector knowledge to further drive the company’s global growth,” said NBTY chairman and CEO Scott Rudolph.

Add us as a preferred source on Google

Get the latest Nutraceuticals World news, insights and analysis in your Google Search and AI experiences.

Add Nutraceuticals World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nutraceuticals World Newsletters

Topics