Distributors across the dietary supplement and natural products businesses are requiring higher liability insurance limits for their suppliers. That’s the bad news; the good news is that the insurance is cheaper than it has been in a while, said an independent...
Amway has passed another milestone in its massive manufacturing expansion with the formal opening of its $42 million manufacturing and R&D in Buena Park, CA. The center is part of the company’s $375 million manufacturing expansion program.
Another competitor has arrived in the specialized sphere of insurance for dietary supplement companies in the United States with a new program offered by Beazley Group, a worldwide insurance provider with headquarters in the United Kingdom.
Twinlab Consolidated Holdings has acquired the book of business of contract manufacturer Nutricap Labs in a deal that will solidify the plan to maintain the company’s in-house manufacturing capacity, Twinlab CEO Tom Tolworthy said.
Dietary supplement manufacturing giant Pharmavite LLC has made a big move into natural channel supplements with its acquisition of whole food supplement manufacturer FoodState Inc. Pharmavite acquired the company from the private equity firm 2X Consumer...
BASF has sold its Norwegian, “natural fish oils, medium-concentrated omega-3s, and customised bottled fish oil” plant to Pennsylvania firm Marine Ingredients for an undisclosed sum as the German ingredients and chemicals giant switches its focus to high-end...
Two ends of the supplement marketplace—one highly committed and the other far less so—have an outsized role in driving the continued growth of dietary supplements. And for these and the other segments of consumers, health care practitioners are still...
Network marketing giant Herbal reported sales growth but missed analysts’ expectations for earnings in its third quarter of 2014. Part of the earnings miss was caused by the steep devaluation of Nicaragua’s currency and so was characterized by management...
Q3 net profits dropped about 20% at DSM with the Dutch-Swiss ingredients giant citing vitamin E market issues and, “challenges in some human nutrition end-markets” as key contributing factors.
Sales of vitamins and dietary supplements grew 9% in 2013 to reach Mx$15.7 billion ($1.2 billion) as increased visibility over the country’s main diseases have consumers thinking more about prevention, according to a report from Euromonitor International.
Last year, sales of vitamins and dietary supplements in Brazil increased by 9%, reaching R$3.2 billion ($1.4 billion), as a growing cohort of younger consumers seek a healthy lifestyle and take a more preventive approach to wellness, according to a report...
Functional plant protein supplier Burcon reported total revenues of just $25,000 in the fiscal first quarter of 2015, derived mainly from deferred royalty payments from ADM for Clarisoy sales.
The restructuring of Twinlab is complete, as the entity Twinlab Consolidation Corporation has concluded its first deal, the acquisition of Twinlab Corporation itself.
By analysing the long-lasting commitments and acquisition activity of major companies Dr Matthew Jones at CPL Business Consultants uses the Red Queen theory to develop an understanding of their corporate mind-set and appetite for acquisitions and partnerships...
Herbalife's share price dropped sharply yesterday as the company reported second quarter earnings that missed analysts’ estimates. Shares dropped 11% almost immediately on the news and declined further in early trading today, with a share price...
The past year has been a tough one for the sales of dietary supplements, and retailing giant GNC is not immune to those trends. In the company’s second quarter 2014 earnings GNC reported declines in both overall revenue and net income year-over-year.
Dutch-Swiss ingredients giant DSM Nutritional Products (DNP) has called ‘time’ on Teavigo, a decade after launching the proprietary, weight management-focused green tea extract.
Hidden within the current turmoil surrounding US-Russia relations, frayed over events in Ukraine, lies an opportunity for US dietary supplement firms: a large and thriving market with a thirst for products with a made-in-USA image.
Dietary supplement manufacturers need to take a hard look at their labels and marketing messages in the wake of the Supreme Court’s decision in the POM vs Coca-Cola case, experts say. Whether the ruling will unleash a flood of lawsuits over those practices...
A recent ruling by an appellate court judging a multi-level marketing organization to be an illegal pyramid scheme puts the spotlight on the legality of network marketing companies active in the dietary supplement and nutrition businesses.
Nutrition Capital Network (NCN) is setting up shop in Europe this May at Vitafoods in Geneva and is scouting for investment opportunities in the health and wellness sector.
Jamieson’s Laboratories, Ltd, Canada’s leading dietary supplement manufacturer, has entered into an agreement to sell the company to CCMP Capitol Advisors for a reported $300 million.
Capstone Financial Group will act as advisor and help raise $130 million in financing to underpin a planned management buyout of Twinlab Corp. and attendant formation of a new entity aimed at future acquisitions.
The new omnibus appropriations bill that surprisingly sailed through Congress recently contains significant budget increases for the Food and Drug administration. Whether those increases will match FDA’s expanded responsibilities under the Food Safety...
Vestiage, Inc., a California-based nutraceutical company pursuing an off-the-shelf launch strategy, has enlisted ROI Media to conduct a direct-to-consumer marketing campaign.
Herbalife, the network marketing nutritional products giant, has recorded another quarter of double-digit growth, a quarter in which it moved to alter its business model to respond to public criticism, CEO Michael Johnson told analysts in a recent earnings...
AssetPoint, a provider of maintenance software solutions, helps dietary supplement manufacturers bolster their equipment maintenance record keeping, somethat that can be a weak spot in their Good Manufacturing Practice compliance programs.
SmartyPants Vitamins, which specializes in delivering vitamin formulas via a gummy delivery system, has raised $2.59 million via a crowd funding platform to drive new growth. Getting the money was nice, but saving time was even better, said company co...
Herbal dietary supplement sales increased 5.5% in the United States in 2012 according a new report in HerbalGram, the publication of the American Botanical Council.
Investment and acquisition trends in the health & wellness industry in 2013 are on a pace to match 2012, according to a report by Nutrition Capital Network (NCN).
Natural Grocers by Vitamin Cottage, Inc., a major dietary supplements and organic foods retailer, has reported 30.5% sales growth and double digit comparable store sales growth in the third quarter of fiscal 2013.
Direct selling giant Herbalife has passed a milestone by receiving its 25th direct selling license in China. Direct selling activities are closely regulated in China, making the receiving of licenses a key metric for growth in the country.
Herbalife moved again to respond to criticisms of its business model by renaming a category of participants in its multi level marketing organization from “distributor” to “member.”
When Reckitt Benser group outbid Bayer to buy Schiff Nutrition International, members of the investment community sat up and took notice. Did this signal a fundamental shift in how financiers were approaching deals in the dietary supplement space?
The explosive growth of fish oil omega 3s sales has buoyed the dietary supplement sector in recent years. With the fish oil market trending toward maturity, the industry needs a new standard bearer and there is no obvious candidate, said John Barrymore,...
A longstanding vitamin C price fixing case has reached conclusion with a $162 million judgment in the case involving four Chinese companies. While its a victory for the concept of private enforcement, it doesn’t mean cartel behavior by Chinese companies...
Nestlé has bought its second brain health-focused medical foods start-up in eight months after snaffling Red River Pharma-owned Pamlab which makes high-dose vitamin supplements targeting depression, diabetes and Alzheimer’s.
Just got off the phone to Ola Snove, the new(ish) CEO of Aker part-owned Norwegian omega-3 specialist Epax. Wanted to know his view on high-end omega-3 prospects that have attracted BASF and DSM to the sector. His word: “Stellar”.
Southern Israel-based algae-sourced astanxanthin specialists Algatechnologies has won investment from a UK venture capitalist in a move that will broaden its capacity, R&D and distribution scope for the eye and skin health carotenoid.
GNC is pushing strongly ahead with a social media marketing campaign to further expand its “unique customer base” said CEO Joe Fortunato in the company’s fourth quarter earnings call.
Nutrition Capital Network noted a record 247 deals in the health and wellness sector in 2012. Within that number, the group noted a decline in the number of M&A deals from the previous year, but an increase in financings.
Two leading European ingredients suppliers have bucked hard economic times to post strong results for 2012, with French botanical extracts specialist, Naturex, and Finish agriculture, ingredients and brand owner, Raisio, talking up aggressive acquisition...
Swiss biotech firm Evolva has bought failing Fluxome’s, yeast-derived resveratrol business for about €550,000 in cash and shares, but says it has no interest in the remaining omega-3 business being sold by sealed auction.
UK-based consumer goods firm Reckitt Benckiser told NutraIngredients today, “nutrition had been on its radar for awhile”, as it plunged $1.4bn (€1.09bn) to outbid German pharma firm Bayer for the US’s second biggest dietary supplements firm, Schiff Nutrition...
Swiss biotech firm Evolva has agreed to buy undisclosed assets from Fluxome, as it leaves its pure pharma research past in the dust and throws the embattled Danish supplier a lifeline.
Rampant nutrition business acquirer, Royal DSM, has splashed the cash for the ninth time in two years – this time to the tune of €495m ($634m) on US-based multinational nutrient blending giant, Fortitech (€212m/$270m annual turnover).
Royal DSM saw Q3 sales slip 7% to €2.3bn across all divisions with polymer intermediates performing worst, but as has been the case in recent quarters, the Dutch firm’s nutrition cluster held firm with 1% organic growth in difficult economic times.
The consumer arm of German pharma giant Bayer Healthcare is to pay $1.2bn (€920m) for US food supplements company Schiff Nutrition International, a move that will make it one of the biggest operators there, feed product development globally, and may not...
BASF’s nutrition and health unit (N&H) earned €492m in Q3 – 4% more for the quarter than in 2011 when it had sales of €471m – despite falling prices for most vitamins.
