NBTY Acquisition of Julian Graves Referred to U.K. Competition Commission
March 20 2009 - 12:00PM
PR Newswire (US)
RONKONKOMA, N.Y., March 20 /PRNewswire-FirstCall/ -- NBTY, Inc.
(NYSE: NTY) (http://www.nbty.com/), a leading global manufacturer
and marketer of nutritional supplements, today announced that its
acquisition of Julian Graves has been referred in the United
Kingdom by the Office of Fair Trading to the Competition
Commission. NBTY's subsidiary, NBTY Europe, purchased Julian
Graves, a chain of 350 food and confectionary stores in the U.K.,
on September 16, 2008, for approximately $25 million USD. As
previously announced, the Julian Graves acquisition was the subject
of an inquiry from the Office of Fair Trading for potential
anti-trust implications. In conjunction with this inquiry, Julian
Graves has not been integrated with the Company's European
operations. The Office of Fair Trading's decision to refer the
Julian Graves acquisition to the Competition Commission can be
found on its web site: http://www.oft.gov.uk/. According to the
Office of Fair Trading, the Competition Commission is expected to
report by September 3, 2009. ABOUT NBTY NBTY is a leading global
vertically integrated manufacturer, marketer and distributor of a
broad line of high-quality, value-priced nutritional supplements in
the United States and throughout the world. Under a number of NBTY
and third party brands, the Company offers over 22,000 products,
including products marketed by the Company's Nature's Bounty(R)
(http://www.naturesbounty.com/), Vitamin World(R)
http://www.vitaminworld.com/), Puritan's Pride(R)
(http://www.puritan.com/), Holland & Barrett(R)
(http://www.hollandandbarrett.com/), Rexall(R)
(http://www.rexall.com/), Sundown(R)
(http://www.sundownnutrition.com/), MET-Rx(R)
(http://www.metrx.com/), Worldwide Sport Nutrition(R)
(http://www.sportnutrition.com/), American Health(R)
(http://www.americanhealthus.com/), GNC (UK)(R)
(http://www.gnc.co.uk/), DeTuinen(R) (http://www.detuinen.nl/),
LeNaturiste(TM) (http://www.lenaturiste.com/), SISU(R)
(http://www.sisu.com/), Solgar(R) (http://www.solgar.com/), Good
'n' Natural(R) (http://www.goodnnatural.com/), Home Health(TM)
(http://www.homehealthus.com/), Julian Graves, and Ester-C(R)
(http://www.ester-c.com/) brands. NBTY routinely posts information
that may be important to investors on its web site. Contact: Harvey
Kamil Carl Hymans NBTY, Inc. G.S. Schwartz & Co. President
& Chief Financial Officer 212-725-4500 631-200-2020 DATASOURCE:
NBTY, Inc. CONTACT: Harvey Kamil, President & Chief Financial
Officer of NBTY, Inc., +1-631-200-2020; or Carl Hymans of G.S.
Schwartz & Co., +1-212-725-4500, Web Site: http://www.nbty.com/
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