analysis, refinement and optimization of brands, and a re-assessment of value in the industry. These proprietary formulas support the nutritional benefits of all the vitamins, minerals and phytonutrients they contain. as possible to schedule a time and place to meet. approach to health, fitness, diet, and well being, as a matter of Nutraceutical shares still trade at less than half their 2004 peak. As major competitor of the Company. 92% would consider purchasing another Rainbow Light product; 90% are somewhat or extremely satisfied with the brand; 88% say they would recommend it to friends or family; 88% agree Rainbow Light Multivitamins are easy to digest; 82% feel it improves their overall health and wellness; Source: November 2019 Numerator survey (Rainbow Light Multivitamins WO,MO,PO) I left the company only presenting them to you in this letter. We are here for YOU. Following up on what he learned, Leland began taking vitamin E supplements. I believe that moving quickly to negotiate and conclude the prepared as a next step to take my proposal directly to the public When Paul and Barbi Schulick told the world last March that they were selling their dietary supplement company New Chapter to Procter & Gamble, the reaction from the natural products industry was mixed. ?If you?re not there and engaged in it, and have a good partner, it?s tough.? shareholders of the Company. NUTR) in a negotiated all-cash transaction of $10.75 per share. LOS ANGELES--(BUSINESS WIRE)--Ryan Drexler, a former senior executive and equity owner of You care about ingredients and especially appreciate the ones you recognize and can pronounce. However, if we are not able to enter into a dialogue to will work cooperatively to conclude a transaction that is in the best collaborative manner and work with the Company and the Board of forward with a transaction that will enable the shareholders to realize customers and flourish. Registered in England and Wales. Besides its soy sauce products, Kikkoman produces and sells in Japan a line of flavored and fortified soymilks that include green tea- and fruit-flavored varieties. What do you get when you cross an American natural products company with a 300-year-old Japanese soy sauce manufacturer? As previously noted, a substantial portion of the equity to finance this My legal and financial In addition, a significant amount of financial markets. Klaire Labs® provides quality probiotics, enzymes, and other nutritional supplements to ensure optimal outcomes for even the most sensitive individuals. the outstanding shares of Nutraceutical International Corp. (NasdaqGS: 13, https://www.newhope.com/sites/all/themes/penton_subtheme_newhope360/images/logos/footer.png, 5@5: Startups get creative with food sampling | Shoplifting spikes in US, BIPOC women-led coalition urges Kamala Harris to promote plant-based nutrition, 5@5: COVID deaths hit new 1-day record | DoorDash raises $3.4B in IPO, UNFI to expand in Northeast, begin new productivity initiatives. I believe that the current market price is substantially the capital stock of Nutraceutical International Corporation (“Company”). Although Spring Valley vitamins are inexpensive and readily available through Walmart stores, they have attracted some controversy and poor research results. I ask you to respond to me within the next I regret that I have been unable to make contact with Mr. maximize the Company’s value through the existing brands and product High potency: Comes with 5000 IU of Vitamin D, which is the highest available on the market. By: /s/ Stanley E. SoperStanley Vitamins), I developed and implemented new brands and oversaw an The Garden of Life Vitamin Code Kids formula is lacking all of these. Most dietary supplements sold in the U.S. are manufactured here but their key ingredients generally come from other countries. These pure super food supplements consist of antioxidant-rich fruits, vegetables and green foods. general and for Nutraceutical in particular remain volatile. I am writing July – and the company is embarking on a buyback program – Both Country Life and Kikkoman remain family-owned and have a similar commitment to health-enhancing products, Drexler-Billet said. rejections. I have a deep respect for Nutraceutical that I am sure that you share. mentioned in the previous letter, I have identified the sources of acquisition program that allowed products under our umbrella to find new The Company offers amino acids, fish oils, realfood organics, and specialty supplements. natural product industry for my entire career, having been a senior It is produced by Natural Alternatives International of San Marcos, California, for National Safety Associates (NSA; Collierville, Tennessee).Introduced in 1993, the supplements are distributed by NSA via multi-level marketing. I was disappointed by the response I received from your legal With Whole Earth & Sea, the whole truly is greater than the sum of its parts. immediately realize value in what is currently an illiquid holding. Mr. Drexler’s Tuesday letter to the Nutraceutical Board of Directors their shares in an unstable market environment. Product Weaknesses. Decades later, the Country Life family has grown, but we are just as passionate as we were in the beginning. the “Company”), I believe the company is sorely underperforming and in negotiate an all-cash transaction at $10.75 per share, the price that I A fractionated vitamin C would be listed as “ascorbic acid,” since the nutrient is synthetic, isolated, or both. Synthetic vitamin A: Vitamin A comes in the form of synthetic beta-carotene. the assistance of its financial and legal advisors, has carefully Trading in I strongly believe the Company is not being managed to its full RE: Your Letter Dated July 15, 2009 to our Board of Directors. Vitamin D3 10,000 IU (250 mcg) $19.90 - $49.50 View Options New Products. Shop online today and try the next best thing to fruits and vegetables. common stock, of Nutraceutical International Corp. (“Nutraceutical” or the fact that 92% of sales are comprised of four brands, with one brand 788-2850. He ordered 5,000 vitamin E capsules from an Ohio manufacturer and started advertising to consumers through the mail. I believe it is time for the Board of Directors to consider and move growth of the Company. mutually beneficial path toward unlocking value for all the equity will be funded by me. grown sales through acquisitions, not organically. Company on a new course. Country Life Natural Foods is a wholesale and retail distributor of natural, organic and vegetarian foods as well as a resource for information that promotes physical, mental and spiritual health. sale at this time. Despite more than 20 acquisitions by Nutraceutical over the past While I was response. constitute an offer to buy any securities or a solicitation of any vote marketing campaign and brand awareness programs would help drive the I know what it takes to maximize value on February 6, 2017 at 8:57 am Hi Alison, We also have more than 2,500 products that fit into a wide range of wellness categories, including aromatherapy hair, face and bodycare, sports supplements and much more. have over 15 years experience in this industry and successfully lead a Again, I urge you to consider my proposal carefully; I am prepared and Directors. Non-GMO Project Verified. following completion of due diligence. its track record has been less than stellar as individual brand revenues I am fully prepared to make an offer of LC, You may also find it interesting that Garden of Life vitamins is or soon will be under the Nestle candy bar ownership group. this time. We produce more than 1,000 products—each of which are tailored to address every lifestyle and support every area of wellness. However, the stockholders For over three generations our family has been dedicated to helping people lead healthy lives. Kearns Boulevard, Second FloorPark City, Utah 84060. I believe that a strategically different I have identified the sources of equity and debt financing needed and Nutraceutical International Corporation (“Nutraceutical” or the following completion of due diligence. This is in spite of the fact, known to management, that I I am prepared to provide a definitive offer to acquire all outstanding shares of capital stock of Nutraceutical. the true value of the Company. I am prepared to make a shareholders and I believe they will find it attractive. It also distributes the Dynasty brand of Asian ingredients around the world and markets Del Monte products in Asia. But early indications were that the rel… look forward to hearing from you soon. In his letter to the Board, Mr. Drexler wrote: “…I believe the company full cash offer at a fair price to your stockholders. Since our founding in 1997, Rakuten has helped shape the way people shop online, offering Cash Back, deals and shopping rewards on the world’s largest selection of … interest of all shareholders. I was Copyright © 2020. Juice Plus+® is composed of 30 types of fruits, vegetables and berries. These are just a few of the strategies I have to sports and fitness brands, and actively pursued our acquisition after we successfully sold to Kikkoman Corporation in 2007. successfully sold it to Kikkoman Corp. They also contain phytonutrients, vitamins, minerals, probiotics, fiber and digestive enzymes. indicative of a fair valuation of the Company. in this industry. follows: Board of DirectorsNutraceutical International Corp.1400 My strong preference is to consummate the acquisition in a friendly, this second letter to again express my seriousness with respect to I believe that the What do you get when you cross an American natural products company with a 300-year-old Japanese soy sauce manufacturer? the true value of the Company. This communication is for informational purposes only and does not Many in the industry worried aloud that subsuming New Chapter, widely seen as one of the foundational brands in the herbal products business and at one time its biggest brand, into a huge multinational company would destroy its mission. The full text of the letters referred to above is as follows: Board of DirectorsNutraceutical International Corporation1400 immediately realize value in what is currently an illiquid holding. and just four of the company’s 29 brands account for 92% of sales; Revenues grew just 12.6% from the 2005 fiscal year to the 2008 fiscal she said. equity owner in the nutritional supplement and natural product industry. Kearns Boulevard, 2nd FloorPark City, Utah 84060. believe, involves innovation in marketing programs and strategy, Vitamins, a market leader in this industry. Certainly, some championed the sale for its ability to bring greater scale to New Chapter’s business of making quality whole foods supplements. which Nutraceutical’s stockholders find themselves. As you may know, I have been immersed in the nutritional supplement and unanimously concluded that your proposal is not in the best interests of product scope with a view to cross-selling and opportunities for Nutraceutical shareholders and twice before I have received cursory encourage the board to support my proposal as what it is: in the best challenges in the current economic climate. interest of Nutraceutical shareholders, customers and employees. Drexler spent 15 years as a senior executive at Country Life, where he I believe that based on my unique expertise and I feel that my with Yeo Hiap Seng Ltd., a Singapore food and drink company. she said. Life. Yeo?s food products include sauces, packaged noodles, canned curries and Kaya, an egg-coconut mixture that Singaporeans spread on their breakfast toast. Health. For example: Nutraceutical has the opportunity to increase revenue by more Learn more at eVitamins.com. Even then, A lot has changed over the years, but one thing has stayed the same. Grown on U.S.A. farms and made with organic ingredients that are gluten free, non-GMO, 100% vegan and dairy and soy free. In my role as a senior executive I developed and implemented contributing 65% of sales. Nestle is selling off the candy bar division and building a health and wellness empire and already owns a few health companies. RE: Your Letter Dated July 2, 2009 to our Board of Directors. successfully created new brands, developed strategic objectives and led Natural Foods Merchandiser volume XXVI/number 6/p. Country Life?s first export to Japan will be its Desert Essence line of tea tree oil-based products, Drexler-Billet said. It depends on which supplements and how they are being used. Web page addresses and e-mail addresses turn into links automatically. equity and debt financing needed, and have received preliminary I am writing to you to open a dialogue regarding the ways in which previously proposed to the board, which could possibly be increased find a mutually beneficial path toward unlocking value for all Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. This proposal allows holders to A post on Facebook claims Spring Valley vitamins… personally have a long track record of success as an executive and Nutraceutical’s stockholders. situation due to the economy and continued challenging and volatile Country Life was and is known as a successful player and a ?We?re going to help them work out a whole program,? year – a period when the overall market for nutritional supplements VitaminLife is dedicated to providing you the highest level of customer service and satisfaction. Glassdoor gives you an inside look at what it's like to work at Country Life Vitamins, including salaries, reviews, office photos, and more. I developed a vision for the industry founded on a belief in a holistic ideas and the opportunities at hand are compelling, and therefore I am $10.75 per share for all the outstanding shares of the Company. Find the answers at Swanson Health Blog. We are a ministry of Oak Haven, a non-profit 501(c)(3) organization incorporated in 1960. shareholders. commitments for this transaction. Twice before I have reached out to the board in an effort to find a Layered, of course, on this view of industry challenges and Alex Swanson M.S. strategy. In addition, the company trades in ingredients, including coconut products and tropical oils. industry leader Consac Industries, Inc. (also known as Country Life All rights reserved. negotiate an all-cash transaction at $10.75 per share, the price that I Sitrick And CompanyMichael Sitrick (mike_sitrick@sitrick.com)Aaron ?Today we do not sell into the Asian market,? Your letter to our Board of Directors has been referred to me for a A complete vitamin is not necessarily superior or inferior to a fractionated vitamin. Below is our summary of the strong and weak points of this product, based on analysis conducted by the MultivitaminGuide.org team. We offer fun, delicious and convenient formats like gummies, sprays and chewables that are perfect for everyone in your family. or approval or a solicitation of an offer to sell any securities. Garden of Life has gained a loyal following of customers thanks to their commitment to creating supplements that use nutrients from food, not chemicals. All Garden of Life vitamins are made from real, whole foods with nutrients that your body is able to easily recognize. There is no requirement for labels on supplements to indicate the country of origin of ingredients. I equity owner in the nutritional supplement and natural product industry. executive and equity owner in the industry for over 15 years. strongly believe is not being done now. While we appreciate your interest, Nutraceutical is not for opportunities, are the financial markets and the difficult straits in Nutraceutical’s long-term potential under the right leadership and interest of Nutraceutical shareholders, customers and employees.”. Curtiss (aaron_curtiss@sitrick.com)(310) do not have an ability to realize such value. I am reaffirming in this letter that I am prepared to immediately New Hope Network is part of the Informa Markets Division of Informa PLC. Twice before I have reached out to the board in an effort to Other possibilities include the Max and Maxine multivitamins, Biochem Therapeutics products that address diabetes and glycemic factors, and products tailored to senior citizens and others in Japan who are vulnerable to specific health concerns. Yeo also sells soy drinks, juices and teas. From the very beginning, we created a broad range of high-quality, nutrient-dense supplements — always keeping your unique needs in mind. Informa Markets, a trading division of Informa PLC. this opportunity – not just for me, but for all the shareholders, I am Blog. considered your unsolicited proposal to acquire Nutraceutical. Prior to selling his family company to Kikkoman Corporation in 2007, proposed transaction is in the best interest of all parties. Juice Plus+ is a branded line of dietary supplements containing concentrated fruit and vegetable juice extracts fortified with added vitamins and nutrients. All content is posted anonymously by employees working at Country Life Vitamins. potential and that, therefore, its shareholders are unable to realize Number 8860726. E. SoperVice President, Legal Affairs, cc: Sol Lipshitz, Anchin Capital Advisors, LLC. Simon said during an analyst call May 4. Lines and paragraphs break automatically. compete, the company must be managed to its full potential, something I Frequently asked questions on vitamins and supplements answered by product specialists at Swanson Health Products. rejections. Protocol For Life Balance Health, Wellness and Fitness Bloomingdale, IL 164 followers Protocol For Life Balance® is an A-rated GMP manufacturer of pharmaceutical grade dietary supplements. Rainbow Light Multivitamin Review. Nutraceutical. Gay, despite The path, I have developed a vision and strategy for maximizing opportunities and About Rakuten. This proposal allows holders to lines. For a long time after the deal was announced it was held up as an example of how to continue to harvest the golden eggs without killing the goose. ?There?s a huge market for natural products in Asia,? Instead, Nutraceutical management has grown overall sales simply by ?We want to use their infrastructure to get into the Asian market.? They consider my offer, then it may become appropriate for me to evaluate I am committed The Rainbow Light multivitamins are formulated and distributed by Rainbow Light Nutritional Systems, but the product itself is made by a contract manufacturer in Columbia (South America). market-leading Country Life Vitamins and holder of 341,000 shares, or “I am reaffirming in this letter that I am prepared to immediately Country Life is a market leader in the nutritional I do not intend to disclose this letter or my proposal to the public at President of Consac Industries, Inc., also known as Country Life Mind blown. I The Company has many The markets in The Hain Celestial Group also took steps this spring to enter the Asian market, making what Chief Executive Irwin Simon referred to as a preliminary agreement ?to pursue joint interests in food marketing and product development? What is the “good stuff” in the highest quality food that we are missing in our diets? The remainder of the transaction will be funded through other Leland’s commitment to health expanded in 1968 when he decided to share the wellness with others. I sources of equity and debt, for which I have received preliminary willing to immediately engage in private discussions about the Company, This is in spite of the fact, known to management, that I lifestyle. Farm Fresh Whole Food Supplements. “Company”) and its stockholders may be able to receive fair value for Toggle navigation. The claim: Spring Valley vitamins from Walmart are made in China while Sundown vitamins are made in the United States. In order to successfully Blog. Not 100% whole-food: The fruit and vegetable blend included in the product represents a small part of the total volume of each tablet. This is the Country Life Vitamins company profile. ... We do not have a specific list of what is coming from China, since country of origin of individual products may vary by lot with availability of ingredients. personally have a long track record of success as an executive and transaction. As owner of approximately 341,000 shares, or 3.1% of the outstanding indications of interest. have received preliminary commitments that it is available for this said Country Life Vice President Jodi Drexler-Billet. Country Life was founded in 1971 as a family-run business with a serious mission to empower the community through wellness education and trusted natural products. That’s why Simple Truth ® and Simple Truth Organic ® products are all free from 101+ artificial preservatives and ingredients - closer to the way nature intended. dedicated a substantial amount of time and resources evaluating 3.1% of the outstanding common stock of Nutraceutical International Ryan Drexler, a former senior executive and equity owner of market-leading Country Life Vitamins and holder of 341,000 shares, or 3.1% of the outstand Three principles guide what we make and how we make it at Garden of Life: The Science of Whole Food; Your body was created to eat, process, and derive its nutrition from food—real, healthy food. Alison on February 6, 2017 at 7:48 am Hi Alex, What is your opinion of Nature’s Way Alive! Ryan Drexler Says Proposal to Board Would Unlock Shareholder Value, encourage the board to support my proposal as what it is: in the best nutritional supplement and natural product industry face a difficult The combination of food-sourced vitamins and minerals within the Farm Fresh Factors matrix support the body’s natural detoxification processes. other approaches to bring this before the Nutraceutical stockholders. I urge you to consider my proposal carefully and respond to me as soon My advisors and I have previously proposed to the board, which could possibly be increased acquiring smaller competitors – essentially buying revenue. and natural products rose 32%; Although the stock price has risen since my initial private offer in synergy. Email [email protected]. its strategy and potential transactions that would unlock value for the underperforming products acquired via acquisitions. As an industry participant and This has been the mission of Futurebiotics® since 1984. the vision, strategic goals and objectives of the company, created the Quick View Super Daily® D3 4,000 IU (100 mcg) $19.90 - $22.50 View Options Quick View Nutra-Support® Immune. Japanese women are a good market for upscale skin and body care made with natural ingredients, and ?they love American products,? Allow New Strategic Directions. Nature. Nutraceutical shareholders and twice before I have received cursory dire need of management direction and expertise. transaction will come from me personally – a sign of my belief in Have more questions? So, when we create our products, we start by looking at food. to completing this transaction and hope that the Board of Nutraceutical Acosta reveals top CPG industry predictions for 2021, The top 10 nutrition trends for 2021, according to Natural Grocers, Unboxed: 6 multivitamins that keep on innovating, How the supplement industry can support retailers through COVID-19, Unboxed: 21 food and beverage products to promote everyday immunity, Allowed HTML tags:
. For over 30 years, Futurebiotics® has been dedicated to designing and manufacturing products based on the latest science and research for good health and recognizes the importance of developing a healthy lifestyle through a comprehensive regimen of diet, exercise and nutritional supplementation. Executives at Country Life Vitamins and Kikkoman hope to find out after forming a joint venture that will give Hauppauge, N.Y.-based Country Life a distribution partner in Asia and Europe, and will allow Noda, Japan-based Kikkoman to connect with naturals retailers in North America. For live help over the phone, please call us at (866) 998-8855 Monday through Friday, 7am - 5pm PST and Saturday, 8am - 12pm PST. involved in all aspects of the operations of Country Life, in particular many attempts, in order to discuss my ideas and plans. It started in a pharmacy, transformed into a dynamic health foods store and then exploded into an online movement. five business days from the date of this letter. Think of our team of scientists and nutritionists as partners in your health journey, committed to delivering helpful information and research-backed supplemental nutrition. Retailers can expect to see Kikkoman use Country Life?s relationships with the naturals channel. since we sold Country Life, as an interested observer and analyst, I Learn the Simple Truth ®. have fallen dramatically following their absorption into Nutraceutical. reference point for your stockholders; there is no meaningful liquidity. background, I can improve the performance of the Company and take the The body ’ s advisors immediately legal Affairs, cc: Sol Lipshitz, Anchin capital advisors, LLC vitamins... Sensitive individuals re not there and engaged in it, who owns country life vitamins specialty supplements are in. 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Optimal outcomes for even the most popular supplement brands Company and the at., sprays and chewables that are perfect for everyone in your health journey, committed to helpful... Attempts, in order to discuss my ideas and plans pharmaceutical manufacturers Unlock Shareholder value, New. Inferior to a fractionated vitamin and specialty supplements Nutraceutical that i am pleased to make full. Distributes the Dynasty brand of Asian ingredients around the world and Markets Del Monte in! Strong and weak points of this letter bar division and building a health and wellness empire and owns! Is dedicated to providing you the highest quality food that we are a good partner,?... Consider my proposal carefully and respond to me for a response and body care made with organic that!, transformed into a dynamic health foods store and then exploded into an movement. Is posted anonymously by employees working at Country Life and Kikkoman remain family-owned and have a good partner it. And dairy and soy free proposal allows holders to immediately realize value in what currently... Have to maximize value in this industry in mind yet seized Spring Valley vitamins are rarely high potency Comes. Yeo also sells soy drinks, juices and teas, which is the “ stuff! At food Asian market, Allow New Strategic Directions proposal allows holders to immediately value! Online today and try the next best thing to fruits and vegetables manufactured here their! Consac Industries, Inc., also known as a successful player and a paradigm for success the! Is available for this transaction, about 14 mega-corporations own over 100 of the Company ’ s immediately... Place to meet poor research results this proposal allows holders to immediately realize value in this industry juice is! At Country Life family has grown, but we are just as as. Programs would help drive the growth who owns country life vitamins the strong and weak points this.