\u201cThis is an exciting and highly complementary acquisition for iHerb,\u201d said Emun Zabihi, chief executive officer of iHerb, in a press release. \u201cVitacost has a loyal customer base and deep assortment of products that aligns closely with our mission to make health and wellness accessible to all. <\/p>\n
\u201cThis acquisition immediately expands our scale in the U.S., strengthens our relationships with key brands and adds a largely incremental customer base to iHerb\u2019s platform. It also demonstrates our ability to grow through strategic acquisitions that complement our nearly 30-year history of organic growth.\u201d<\/p>\n
The deal gives iHerb immediate access to Vitacost\u2019s loyal and largely incremental U.S. customer base and establishes the combined entity as a top online destination for health, nutrition and wellness products.<\/p>\n
The financial terms of the transaction were not disclosed.<\/p>\n
Revenues<\/p>\n
iHerb reported record net sales in excess of $2.4 billion in 2024, a YoY growth of 14.5%. The company fulfilled 37 million orders to 180 countries, with a global supply chain network anchored by nine climate-controlled logistics centers located in the U.S., Asia and the Middle East.<\/p>\n
Vitacost offers over 40,000 health-conscious products, including vitamins, minerals and supplements (VMS) and natural, organic and eco-friendly consumer goods. Kroger completed the purchase of Vitacost.com in August 2014 for $280 million. Estimated post-acquisition revenues for the online retailer range between $280 million to $550 million, depending on the source. <\/p>\n
Transaction details and advisors<\/p>\n
Ducera Partners, LLC served as exclusive financial advisor to iHerb, and Latham & Watkins LLP provided legal counsel. RBC Capital Markets, LLC served as financial advisor to Kroger, and Weil, Gotshal & Manges LLP provided legal counsel.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cThis is an exciting and highly complementary acquisition for iHerb,\u201d said Emun Zabihi, chief executive officer of iHerb,…\n","protected":false},"author":2,"featured_media":405162,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[6116,64,63,17007,22603,214858,79747,214859,11008,51798,214860,28278,214861,1461,96168,137,65630,93569,1553,186960,6010,177929,7537,214862,1679,112435,65635,4841,47378,532,214863,40336,65636,28280,214864,191245,6018,9489,5122,128,2951,37475,214865,28281,57009],"class_list":["post-405161","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nutrition","tag-addiction","tag-au","tag-australia","tag-backgrounds","tag-capsule","tag-centimeter","tag-chemical","tag-chemistry-class","tag-close-up","tag-collection","tag-defocused","tag-dieting","tag-dragee","tag-eating","tag-excess","tag-health","tag-healthcare-and-medicine","tag-heap","tag-herbal-medicine","tag-hungry","tag-loss","tag-measuring","tag-medical-exam","tag-medicament","tag-medicine","tag-multi-colored","tag-narcotic","tag-no-people","tag-norm","tag-nutrition","tag-nutritional-supplement","tag-overweight","tag-painkiller","tag-pill","tag-plus-sign","tag-problems","tag-protection","tag-recovery","tag-red","tag-science","tag-sign","tag-single-object","tag-slim","tag-vitamin","tag-yellow"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/405161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=405161"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/405161\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/405162"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=405161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=405161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=405161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}