\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":401171,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[5245,14779,49,48,19769,169178,68597,169179,9982,6631,169180,26607,169181,4085,76102,84,52687,169182,381,169183,7964,140895,5630,115707,1058,87805,52691,6330,40874,395,169184,33490,52692,26610,169185,21746,7970,16850,1439,66,173,52694,169186,26611,45682],"class_list":["post-401170","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nutrition","tag-addiction","tag-backgrounds","tag-ca","tag-canada","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\/ca\/wp-json\/wp\/v2\/posts\/401170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=401170"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/401170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/401171"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=401170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=401170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=401170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}