Bond Buys NDS
"The acquisition of NDS Nutritional Products adds an important piece to the overall growth strategy for Bond Laboratories. Since our inception, Bond's mission statement has been to increase shareholder's equity through organic growth as well as making key strategic acquisitions," commented Eric Schick, president of Bond Labs.
"NDS Nutritional Products is the first of what we believe will be numerous acquisitions that will help us accomplish that goal. NDS is strategically involved with the development of the next generation of preventative health products, fortified foods and beverages. NDS is a perfect fit for Bond. NDS will immediately add significant revenue to our top line and be accretive to Bond's earnings next year. We will integrate NDS distribution in the health and the nutrition channel alongside Bond's rapidly growing retail distribution network in convenience stores (C-stores) and mass. We have built this network through the introduction of our first product offering, Fusion 6+ Hour Energy Boost," continued Schick. "Since launching Fusion 6+ Hour Energy last January, the popularity with customers helped us to quickly establish distribution all over North America. Not only will the NDS acquisition allow us to add 40 additional SKUs in the fast growing sports nutrition market for our International broker network, we have gained a centralized infrastructure in Omaha, NE. This infrastructure, run by a group of seasoned professionals, will allow Bond to accelerate the growth strategy we have mapped out for Bond Laboratories and its shareholders."
From the October 13, 2008, Prepared Foods e-Flash