The Montana Big Sky brand focuses on specialty bee products, including bee pollen, royal jelly and propolis. It achieved pro-forma 2003 net sales by Montana Naturals of approximately $900,000.
Nutraceutical International's recent acquisition spree, which saw its purchase of the Arizona Health Foods chain and supplement marketer Nature's Life for a total of $15 million last year, helped it report record sales in this year's first half of $70.8 million, a 19 per cent increase on the previous year.
Net income was $7.3 million, also up 19.3 per cent on the first six-months of last year.
This year it has added Colorado firm Natural Balance, which manufactures and markets branded products primarily through health and natural food stores, for $9.0 million.
The acquisitions have helped Nutraceutical International become one of the largest manufacturers and suppliers of branded nutritional supplements for health food stores. It claims to distribute more than 3,000 SKUs, including 600 sold internationally.