Archives for November 4, 2024

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The Vitamin Shoppe parent company files for Chapter 11

The Vitamin Shoppe parent company files for Chapter 11

By Asia Sherman

Franchise Group, Inc., which bought The Vitamin Shoppe in 2019 and took it private last year, voluntarily initiated a filing for bankruptcy protection and entered a restructuring support agreement with holders of approximately 80% of its first lien debt.

OmniActive acquires ENovate Biolife

OmniActive acquires ENovate Biolife

By Asia Sherman

OmniActive Health Technologies has acquired ENovate Biolife, expanding its ingredients portfolio to target key health categories in the dietary supplement space.