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Completed
Synopsis
iHerb Holdings, an online retailer specializing in health and wellness, completed the acquisition of Vitacost.com, an online retailer of health and wellness products, from Kroger, a grocery chain. Financial terms were not disclosed. "This acquisition immediately expands our scale in the US, strengthens our relationships with key brands and adds a largely incremental customer base to iHerb’s platform. It also demonstrates our ability to grow through strategic acquisitions that complement our nearly 30-year history of organic growth," Emun Zabihi, iHerb CEO.
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