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minerals and supplements

Perrigo to sell VMS business to IVC

Perrigo to sell VMS business to IVC

DUBLIN, Ireland — Perrigo Co. plc plans to sell its U.S. vitamins, minerals and supplements (VMS) business to International Vitamin Corp. (IVC). Financial terms of the deal weren’t disclosed. Perrigo said Monday that the company had been looking to sell off its VMS business and that it expects the transaction to close by early August,

Study: Mass retail chains driving vitamin sales

Study: Mass retail chains driving vitamin sales

SHELTON, Conn. — Sales in the Vitamins, minerals and supplements (VMS) market rose 3% to about $11.8 billion in 2014, fueled mainly by mass retail chains, particularly Walmart, Costco and Rite Aid, according to the TABS Group. Also, 2014 marked the first time in eight years that Amazon and other online retailers saw a share drop in VMS category sales,