The Vitamin Shoppe VSI, a leading specialty retailer and direct marketer of nutritional
products, today announced that it has entered into a definitive agreement to
purchase the assets of Super Supplements, Inc., a specialty retailer of
vitamin, mineral and supplements (VMS) for approximately $50 million. The
acquisition will be funded with available cash. Super Supplements,
headquartered in Seattle, Washington, operates 31 stores in Washington, Oregon
and Idaho, and expands the Vitamin Shoppe's presence in the Pacific Northwest
where it currently operates 17 stores. The transaction, which is structured
as a purchase of Super Supplements' assets by a wholly-owned subsidiary of the
Vitamin Shoppe, is expected to close on December 31, 2012 and is subject to
customary closing conditions.
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