Private equity firm HGGC has reached an agreement to acquire Nutraceutical International Corp. (Nasdaq: NUTR), a maker of vitamins, minerals and supplements (VMS), in a take-private deal valued at $446 million.

“Nutraceutical is an impressive company with a diverse portfolio of brands and thousands of satisfied retail customers, as well as millions of loyal consumers who rely on its products,” states Les Brown, chief operating officer of HGGC. “Nutraceutical is a great example of a successful roll-up strategy carried out with consistency and dedication over the last 25 years. We have long admired their disciplined market approach, which has allowed the company to consistently generate strong financial returns and positive cash flow.”

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