PARK CITY — Nutraceutical International Corp. said Friday it has completed its acquisition of the Natural Balance brand of nutritional supplements by buying substantially all of the operating assets of Natural Balance Inc. through a newly formed subsidiary.
The purchase price was about $9 million in cash.
Natural Balance, a Colorado corporation, had 2003 pro forma net sales of more than $10 million.
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Nutraceutical markets, distributes, retails and manufactures branded nutritional supplements and other natural products sold primarily to and through domestic health and natural food stores.