NBTY Sells Vitamin World

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Ronkonkoma, NYAccording to StreetInsider.com, NBTY, Inc., sold its Vitamin World retail business to private equity firm Centre Lane Partners for $25 million. The transaction may close as early as mid-February 2016.

Once the deal closes, Vitamin World will operate as a stand-alone retail business without NBTY. The chain currently has 380 stores in the United States, Guam, the Virgin Islands and Puerto Rico. All employees are expected to remain part of the business after the sale.

Published in WholeFoods Magazine, March 2016 (online 2/2/16)