Navigation Links
Sale of Enzymatic Therapy, Inc. to Nature's Way Holding Company Finalized
Date:11/10/2008

Nature's Way Holding Company names Randy J. Rose President/CEO and Rory

Mahony Chief Operating Officer of new natural medicine powerhouse

GREEN BAY, Wis., Nov. 10 /PRNewswire/ -- Representatives of the Dr. Willmar Schwabe Group, of Karlsruhe, Germany, have confirmed that corporate ownership for Enzymatic Therapy, Inc., of Green Bay, Wisconsin, was transferred on Friday, October 31, 2008.

A shareholder group comprised of North Castle Partners, LLC, and members of Enzymatic Therapy Management previously owned Enzymatic Therapy, Inc.

Details of the sale price are unavailable, as is information regarding the combined revenue of the entities.

The North American operating platform for the Schwabe group will be named Nature's Way Holding Company, and will include the entire operations of Enzymatic Therapy, Inc. and Nature's Way Products Inc.

The combined group will create an organization with great depth of technical and scientific expertise that will market a very broad line of wellness products and natural medicines.

Nature's Way Holding Company will continue to bring trusted consumer solutions forward under highly popular brand names that include Nature's Way(tm), Alive(tm), Zucol(tm), Umcka(tm), Pearls(tm) Whole Body Cleanse(tm), Remifemin(R), and Enzymatic Therapy(R).

Additionally, the company will continue to market professional products sold only through medical professionals under labels that include Integrative Therapeutics(R).

Nature's Way Holding Company has confirmed to its customers that all merchandising and marketing programs previously announced for both product lines will continue. The Company also will continue to distribute products to over 40 countries outside the United States.

Randy J. Rose, formerly the President and CEO of Enzymatic Therapy, has been named the President and CEO of the combined business, and Rory Mahony, who previously served as COO & General Manager of Nature's Way, will be the Chief Operating Officer. Both Mr. Rose and Mr. Mahony will join the Board of Directors for the new corporate entity.

Nature's Way Holding Company operates manufacturing and distribution facilities in Utah and Wisconsin, and has offices across the United States, including those in New York City, St Louis, Missouri, Green Bay, Wisconsin, and in Springville, Utah. It also has a marketing and distribution company in Canada.

Consumer enthusiasm for the Enzymatic and Nature's Way products has resulted in strong and steady growth of the brands. Going forward, the company will focus on further acceleration of these very positive growth rates by continuing to deliver quality products that meet customer needs.


'/>"/>
SOURCE Nature's Way Holding Company
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. What Boomers Need to Know About Digestion; Enzymatic Therapy's CompleteGest1 Renew targets special digestive issues
2. Schwabe, World Leader in Herbal Manufacturing Will Acquire Enzymatic Therapy Through Natures Way Holding, Inc.
3. Dr. Ajrawats Air-Pulse Autonomic Meditation Therapy, a Revolutionary, Scientific, Meditation Therapy, Receives Patent Trademark
4. Data from Pooled Analyses Demonstrates Welchol, Combined with Metformin- or Sulfonylurea-Based Therapy, Significantly Lowers Blood Glucose in Adults with Type 2 Diabetes
5. Skin flaps deliver cancer-fighting therapy, ASPS study reveals
6. American Humane Forms Human-Animal Bond Division, Including Animal-Assisted Therapy, Humane Ed and Pets & Womens Shelters
7. Smoking Cessation Rates Double With Intensive Counseling and Free Nicotine Replacement Therapy, Studies of 20,000 Smokers Show
8. To evade chemotherapy, some cancer cells mimic stem cells
9. ProGenTech Targets Clinical Diagnostics and Applied Sciences Markets with Human Genetic Signatures Deal
10. Statement Regarding the Filing of Signatures to Put the Human Embryo Stem Cell Issue on the November Statewide Ballot
11. As I-1000 Signatures are Counted, Washington State Medical Association Opposition to Physician-Assisted Suicide Reiterated
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... ... a legally blind and certified personal trainer is helping to develop a weight loss fitness ... to fix the two major problems leading the fitness industry today:, , ... They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX ... Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package transforms over ... Cut Pro X . Simply select a ProHand generator and drag it above media ...
(Date:6/25/2016)... Montreal, Canada (PRWEB) , ... June 25, 2016 , ... ... the pursuit of success. In terms of the latter, setting the bar too high ... low, risk more than just slow progress toward their goal. , Research from ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. ... magazine’s Code Talker Award, an essay contest in which patients and their families pay ... be presented at the 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Roche (SIX: ... 510(k) clearance for its Elecsys BRAHMS PCT (procalcitonin) assay ... sepsis or septic shock. With this clearance, Roche is ... a fully integrated solution for sepsis risk assessment and ... with bacterial infection and PCT levels in blood can ...
(Date:6/23/2016)... June 23, 2016 , , ... July 7, 2016 , , , , LOCATION: , , ... , , , EXPERT PANELISTS:  , , , Frost & ... Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and Unmesh Lal, ... The global pharmaceutical industry is witnessing an exceptional era. Several new ...
(Date:6/23/2016)... June 23, 2016 The vast majority of ... dialysis facility.  Treatments are usually 3 times a week, ... visit, including travel time, equipment preparation and wait time. ... especially grueling for patients who are elderly and frail.  ... nursing and rehabilitation centers for some duration of time. ...
Breaking Medicine Technology: