IVC Selling Vitamin Specialties Stores To Focus On "Core Businesses"
This article was originally published in The Tan Sheet
Executive Summary
IVC has signed a letter of intent to sell its Vitamin Specialties retail and mail-order unit to an unnamed buyer, the company announced April 19. Terms of the deal were not disclosed, but the total sale package is said to be close to the $2.8 mil. the firm paid for the 16-store chain in June 1997. Vitamin Specialties stores are located in Pennsylvania and southern New Jersey.