M&A Deal Summary

Hi-Tech Pharmaceuticals Acquires FormuTech Nutrition

On June 3, 2015, Hi-Tech Pharmaceuticals acquired food company FormuTech Nutrition

Acquisition Highlights
  • This is Hi-Tech Pharmaceuticals’ 1st transaction in the Food sector.
  • This is Hi-Tech Pharmaceuticals’ 1st transaction in the United States.
  • This is Hi-Tech Pharmaceuticals’ 1st transaction in Georgia.

M&A Deal Summary
Date 2015-06-03
Target FormuTech Nutrition
Sector Food
Buyer(s) Hi-Tech Pharmaceuticals
Deal Type Add-on Acquisition

Target

FormuTech Nutrition

Lawrenceville, Georgia, United States
FormuTech Nutrition is a provider of food nutrition products in US.

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Buyer(S) 1

Buyer

Hi-Tech Pharmaceuticals

Norcross, Georgia, United States
Category Company
Founded 1994
Sector Food
DESCRIPTION

Hi-Tech Pharmaceuticals, Inc. is a provider of food products for custom manufacturing services to the pharmaceutical, dietary supplement and beverage industries.

DEAL STATS #
Overall 1 of 5
Sector (Food) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (Georgia) 1 of 1
Country (United States) 1 of 5
Year (2015) 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-07 Innovative Laboratories

Cedar Grove, New Jersey, United States

Innovative Laboratories, Inc. is a provider of weight loss supplements.

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