PARK CITY — Nutraceutical International Corp. said Friday it plans to acquire substantially all of the operating assets of Seattle-based Pilgrim's Natureway LLC through its subsidiary Fresh Vitamins Inc.
Terms were not disclosed. The transaction closing is expected to occur by Nov. 30.
Pilgrim's generates annual revenue of about $4 million through 10 health-food stores that primarily sell branded nutritional supplements.
Nutraceutical markets, distributes, retails and manufactures branded nutritional supplements and other natural products.