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Supplier News

GE executive takes the helm at NBTY

NBTY Inc. has named Jeffrey Nagel as chief executive officer, succeeding Scott Rudolph, who will remain chairman. The nutritional supplement manufacturer, marketer and distributor said Nagel assumed his new duties on Monday and will be based in Ronkonkoma, N.Y.

Kellogg to transition to new CEO

At the start of next year, Kellogg Co. is slated to usher in a new chief executive officer. The food company said David Mackay plans to retire as president, chief executive officer and director effective Jan. 1.

Lance, Snyder’s of Hanover finalize merger

Snack makers Lance Inc. and Snyder’s of Hanover Inc. have completed their merger. The deal announced in late July, which the companies said was a stock-for-stock merger of equals, brings together Snyder’s, a global leader in pretzels and a U.S.

Prestige Brands names new CFO

Ron Lombardi has been appointed chief financial officer of over-the-counter health and household products marketer Prestige Brands Holdings Inc. Prestige Brands said late Thursday that Lombardi will take over the CFO post on Dec. 6.

Merck to acquire SmartCells

Merck & Co. has unveiled an agreement to buy SmartCells Inc., a private company developing a unique technology for the treatment of diabetes. Under the deal announced Thursday, Merck said it plans to acquire all outstanding stock of Beverly, Mass.-based SmartCells.

Endo closes deal to buy Qualitest

Endo Pharmaceuticals said this week that it has completed its acquisition of generic drug maker Qualitest Pharmaceuticals. Endo had announced in late September that it entered into an agreement to acquire Qualitest for about $1.2 billion in cash.