Bayer Swallows U.S. Vitamins Firm | Chemical & Engineering News
Volume 90 Issue 45 | pp. 12-13 | Concentrates
Issue Date: November 5, 2012

Bayer Swallows U.S. Vitamins Firm

Department: Business
Keywords: vitamins, nutrition, acquisition
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Schiff produces a broad line of dietary supplements.
Credit: Schiff Nutrition
This is a photo of a Schiff product named Move Free Advanced.
 
Schiff produces a broad line of dietary supplements.
Credit: Schiff Nutrition

Bayer HealthCare has agreed to acquire Schiff Nutrition International, a Salt Lake City-based producer of vitamins and nutritional supplements, for $1.2 billion. Schiff forecasts that its sales of $259 million in fiscal 2012 will grow by at least 43% in fiscal 2013. “The Schiff business significantly enhances our presence and position in the U.S., which accounts for more over-the-counter and nutritional products sales than any other country in the world,” says Bayer CEO Marijn Dekkers.

 
Chemical & Engineering News
ISSN 0009-2347
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