Vitamin maker acquires Balance Bar
GREENWICH, CONN. — NBTY, Inc., a manufacturer and distributor of vitamins and nutritional supplements, has acquired Balance Bar Co. from Brynwood Partners VI L.P. Financial terms of the transaction were not disclosed.
“We are delighted to announce the divesture of Balance Bar, which was our first investment in our most recent fund, Brynwood VI,” said Hendrik J. Hartong III, chairman for Balance Bar and senior managing partner at Brynwood Partners. “We are grateful to all of the Balance Bar employees for their hard work and dedication to the business. We wish NBTY continued success with this great brand.”
Balance Bar was founded in 1992, and Brynwood VI acquired the brand from Kraft Foods in 2009.