In the biggest private equity deal since the beginning of the credit crunch, NBTY Inc., a manufacturer of nutritional supplements, was taken private in a $3.8 billion deal by private equity firm Carlyle Group. Carlyle will pay $55 per share, a 57 percent premium over NBTY’s average share price for the 30 days ended July 14.
“NBTY is an outstanding business with well-established brands, a proven vertically integrated multichannel/multigeography strategy, and strong, long-standing customer relationships,” said Sandra Horbach, managing director at Carlyle in a statement released by NBTY.
