Vitamin World acquired by Feihe

Source:Reuters Published: 2017/12/19 22:13:39

An affiliate of Feihe International Inc, a Chinese maker of dairy products, will acquire Vitamin World Inc out of bankruptcy for about $28 million, after no other bidders submitted offers for the US nutritional supplements seller.

Vitamin World, which filed for Chapter 11 bankruptcy in September, canceled an auction for the company that had been scheduled for Tuesday, the sources said. A bankruptcy court judge must still approve the sale to Feihe.

Posted in: COMPANIES

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