Jamieson Laboratories saves Quest & Wampole: Acquires PanGeo assets
Toronto, August 18 /PRNewswire/ -- Jamieson Laboratories announced today that it has agreed to acquire PanGeo Pharma's Wampole and Quest brands. The transaction is expected to close early this week. The two brands will continue to be distributed and marketed as Wampole and Quest.
Jamieson is privately owned by best selling author, journalist and broadcaster, Eric Margolis. Under his leadership as chairman, the company has aggressively increased its position as a leader in the vitamin and nutrition industry. Voted consistently by pharmacists and doctors' as their most recommended choice, Jamieson has the highest quality standards for manufacturing and state-of-the-art GMP compliant facilities.
"Our goal is to ensure we remain on the leading-edge of health care by bringing consumers the most pharmaceutically pure advanced natural products available," says Vic Neufeld, President and CEO, Jamieson Laboratories. "We have great respect for the heritage of the Wampole and Quest brands. This acquisition strengthens our product offering and distribution capabilities, ensuring our consumers have access to effective, high quality natural products that Jamieson has marketed since 1922."
Quest and Wampole brands have been providing consumers with herbal and natural health supplements since 1893 and 1976 respectively, making the combined line of more than 170 over-the-counter products one of the most recognized and established in the country. Jamieson Laboratories also welcomes the 135 employees at Wampole and Quest to its operations and looks forward to capitalizing on their expertise and skills in moving Jamieson's growth strategies forward.
PanGeo Pharma has been granted a three year license to use the Wampole trademark in connection with the company's over-the-counter products.
- About Jamieson
Established in 1922, Jamieson Laboratories is Canada's largest manufacturer and distributor of advanced natural health-care products. With more than 350 employees, Jamieson's state-of-the-art pharmaceutical manufacturing laboratories are located in Windsor, Ontario. The company is a world leader in the vitamin and nutrition industry, exporting to over 30 countries including the USA, China, Japan, Hong Kong, Korea, Singapore and many Middle Eastern nations.
SOURCE Jamieson Laboratories
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