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Moberg Pharma to acquire 3 U.S. OTC brands from Prestige Brands
STOCKHOLM -- Moberg Pharma has signed an agreement to acquire U.S. OTC brands New Skin, Fiber Choice and PediaCare from Prestige Brands, Inc.
The purchase price is $40 million and the acquired brands will be sold through Moberg’s current OTC channel in the U.S, primarily in drugstores such as CVS, Walgreens and Rite Aid and in mass retailers such as Walmart and Target.
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NBTY: Investing in development, focusing on empowerment, diversity
Take a new leadership team that has been in place for nearly two years; add a strong, stated focus on investing in and retaining the best talent in the industry; blend new talent with long-term company leaders and associates; all to create the best mix of diversity and human resources who possess rich industry knowledge and leading CPG expertise. This is the leadership recipe NBTY has been following — and it’s working, said Andrew Archambault, chief customer officer, U.S. Nutrition - NBTY.