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 Drexler Bids for Nutraceutical International Corp. - Nutraceuticals World

What are you searching for?

Sign in
Market Updates

Drexler Bids for Nutraceutical International Corp.

Author Image

By: Sean Moloughney

Editor, Nutraceuticals World

Former senior executive and equity owner of Country Life Vitamins, Ryan Drexler, who holds 341,000 shares, or 3% of the outstanding common stock of Nutraceutical International Corp., has proposed an acquisition of all outstanding shares of the company in a negotiated all-cash transaction of $10.75 per share. In his letter to the board, Mr. Drexler wrote: “…I believe the company is sorely underperforming and in dire need of management direction and expertise. Twice before I have reached out to the board in an effort to find a mutually beneficial path toward unlocking value for all Nutraceutical shareholders and twice before I have received cursory rejections. This is in spite of the fact, known to management, that I personally have a long track record of success as an executive and equity owner in the nutritional supplement and natural product industry.” Prior to selling his family company to Kikkoman Corporation in 2007, Mr. Drexler spent 15 years as a senior executive at Country Life, where he successfully created new brands, developed strategic objectives and led acquisitions.

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