Hi-Tech Pharmaceuticals, a company operating in the sports nutrition industry, has acquired Top Secret Nutrition, a developer of scientifically advanced, safely sourced, high quality and effective nutritional supplements.
Hi-Tech will use the acquisition to strengthen its sports nutrition arsenal and grow as a leader in energy products.
"Hi-Tech's impeccable reputation for pharmaceutical-grade quality, strong innovation and manufacturing expertise make it a perfect complement to Top Secret's brand of high quality nutrition products,” Brandon Schopp, Hi-Tech's vice president of contract manufacturing, said in a statement. “Additionally, having access to our extensive production capabilities across a variety of product formats is a significant competitive advantage."
The acquisition is part of an expansion plan that will see the company develop production capabilities across more than 600,000 square feet of manufacturing space.
"Compliance and enforcement have raised the bar for manufacturers, and this acquisition continues to bolster Hi-Tech's brand portfolio,” Schopp said. “Hi-Tech is a top-tiered company with an incredible manufacturing scale and capabilities in an otherwise fragmented segment of the market. Hi-Tech and its sports nutrition and health care brands will be a one-stop shop for sports nutrition stores.”
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