Nutrition 21 Buys Iceland Health, Enters Omega 3 Market
Nutrition 21, Inc., Purchase, NY, has signed an agreement to acquire Iceland Health, Inc. Iceland Health is a privately held company that has developed a leading brand position in the omega 3 market. Iceland Health has exclusive U.S. rights to market and sell fish oil and omega 3 fatty acids that are manufactured by an Iceland company to pharmaceutical standards utilizing a patented distillation process. (For more information on this acquisition see this month’s World from Wall Street column, which can be found on page 28.)