New York-based Ideasphere Inc. said Monday it has closed on a transaction to acquire certain non-ephedra assets of Metabolife International Inc., including a powder and tablet manufacturing facility in Orem.
Ideasphere, which also has an office and plant in American Fork, owns the Twinlab, Nature's Herbs and Alvita Teas brands and Rebus Publishing. San Diego-based Metabolife makes diet and nutrition supplements and has been operating under Chapter 11 bankruptcy protection since July.
Other assets acquired include Metabolife's non-ephedra brands and a distribution center in Memphis. The products will continue to be marketed under the Metabolife brand, which will operate as a separate division within Ideasphere.
Financial terms were not disclosed.