Fountain Healthy Aging acquires Natural Planet USA.Fountain Healthy Aging Inc. entered into an agreement to acquire the entire issued stock of Natural Planet USA Inc, a California-based developer and distributor of a range of nutraceutical nu·tra·ceu·ti·cal n. A food or naturally occurring food supplement thought to have a beneficial effect on human health. nutraceutical and cosmeceutical cos·me·ceu·ti·cal n. A cosmetic that has or is purported to have medicinal properties. products both in the U.S and across a range of international markets. Fountain has had a relationship with Natural Planet for some months, and has sourced a number of its key products from the Natural Planet product pipeline, as well as engaging Natural Planet as a non exclusive distributor of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Vitalife, in the U.S. Fountain chief executive officer Paul Hunston said that "this acquisition not only secures an extensive and highly synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. pipeline of unique products for Fountain, but also brings a number of important distribution relationships which Natural Planet has established around the world which will enhance Fountain's own distribution capabilities significantly." |
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