NewsRx

Search our medical news database

Herbalife Ltd.

Herbalife Closes Acquisition of U.S. Manufacturing Facility

Published in Lab Business Week, September 13th, 2009

Herbalife Ltd. (NYSE: HLF), a global nutrition and direct-selling company, announced that its agreement to buy certain assets of Micelle Laboratories, an Orange County, Calif. contract manufacturer of food and nutritional supplements, has closed. Herbalife purchased the assets in order to strengthen its global manufacturing capabilities for approximately $10 million in an all cash deal. Over the next year, Herbalife expects to invest up to $10 million in equipment and overall enhancements to increase plant capacity and capability to produce products for shipment throughout North America and several of its international markets.

Herbalife now employs approximately 1,200...

Want to see the full article?

We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.

Buy Now


Welcome to NewsRx!

Learn more about a six-week, no-risk free trial of Lab Business Week


NewsRx is Social

Follow us on your favorite social network by clicking on a button below:

Follow NewsRx on Twitter

NewsRx on Facebook

Awards

eHealthcare Leadership 2011 Winner
Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005

Facts & Stats

NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.

  • Google 2010 PageRank: #2 Among Top Health News and Media Publications
  • Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
  • Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
  • Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry
NewsRx on Facebook