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Herbalife to acquire certain assets of Micelle Laboratories

Aug 14, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Company: Herbalife Ltd (HLF)

Herbalife, Ltd. has entered into a definitive agreement to acquire certain assets of Micelle Laboratories, Inc., a manufacturer of food and nutritional supplements. Both the companies are based in the US.

Herbalife is a network marketing company selling weight management, nutritional supplement, and personal care products. 

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Announced: 2009-08-13

Deal Participants 

Target (Company)   Micelle Laboratories, Inc. - Assets
Acquirer (Company) Herbalife, Ltd.
Vendor (Company)   Micelle Laboratories, Inc.

Deal Rationale

The acquisition would enable Herbalife to enhance its global product development and supply chain to serve its independent distributors.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX

Company: Herbalife Ltd (HLF)


Related terms: acquisition, food, manufacturer, marketing, product development, products

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