Abbott Laboratories, Abbott Park, Ill., will acquire EAS, a Golden, Colo.-based nutrition company, for approximately $320 million. Founded in 1990 by Bill Phillips, author of a nutrition book, EAS sells the AdvantEdge brand to the weight-loss, weight-management and balanced-nutrition markets. Abbott officials said the acquisition will complement the company's longstanding stake in general and specialized nutrition products at its Ross Products Division, Columbus, Ohio. The deal is expected to close before the end of the year. -- by Cinda Becker
Abbott Labs acquires nutrition company
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.