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Picks up owner of MegaRed and Airborne for $1.2 billion.
October 30, 2012
By: TOM BRANNA
Editor
Bayer HealthCare LLC has signed a merger agreement to acquire Schiff Nutrition International, Inc. (NYSE: SHF), a leading company offering vitamins and nutritional supplements in the United States and other countries. Schiff’s product portfolio includes core brands MegaRed, Move Free and Airborne, among others. The transaction values Schiff at approx. $1.2 billion and is scheduled to close by year end 2012. “We will utilize our extensive marketing, sales and distribution expertise to fu...
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