NORCROSS, Ga., June 19, 2017 /PRNewswire/ -- Hi-Tech Pharmaceuticals ("Hi-Tech"), a leading global provider of Sports Nutrition, Weight loss products, Healthcare supplements and Contract Manufacturing services, acquired Top Secret Nutrition ("Top Secret"), a leader in the design, development, marketing and distribution of scientifically advanced, safely sourced, high quality and effective nutritional supplements. The company is known for creating innovative products using the best of what science has studied and nature has to offer. The transaction will continue to bolster Hi-Tech's leading Sports Nutrition and Weight Loss arsenal and expand its position as the leader in Diet & Energy products and continues to add to its family of top tiered high quality Nutrition brands.
Top Secret Nutrition was built to reflect a brand based on high quality products and values: unsurpassed integrity, affinity for excellence, and a belief that consumer brands should be meaningful to and make a positive difference in people's lives. Nutritional supplementation is a critical and often overlooked component of any comprehensive fitness program, and Top Secret Nutrition products are formulated to provide maximum benefit to users in achieving their fitness goals.
Top Secret Nutrition's newest product, Fireball L-Carnitine liquid, does just that! It increases the number of your brown fat cells by stimulating white fat to become brown, and stimulating brown fat. Fireball L-Carnitine liquid is designed to boost your metabolism, burn fat, create thermogenesis, and improve exercise performance. This is a product that you can feel working right away. Research suggests that the ingredients of Fireball will help:
- Stimulate the release and burning of fat
- Increase blood flow to muscles
- Stimulate brown adipose tissue to create heat
- Boost metabolism
- Improve mood, cognitive ability and memory
Hi-Tech Pharmaceuticals supply chain management and production facilities are a perfect strategic fit to take Top Secret Nutrition to the next level. We believe that Hi-Tech can utilize its social media and marketing expertise to help propel the brand's image while providing extraordinary infrastructure for discovering, developing and delivering innovative sports supplements and health care solutions essential to addressing unmet training, physique development and performance supplements needs. Top Secret Nutrition will also gain a competitive advantage by being able to utilize Hi-Tech's distribution facilities in Atlanta, Chicago, Pennsylvania, and California. Lone Star Distribution is the industry source for sports nutrition as well as natural, health & wellness supplements.
Hi-Tech services health clubs, nutrition stores, specialty retailers, online stores and gyms nationwide. Known for the industry's best products and customer service, Hi-Tech has grown to ship throughout the entire U.S. and internationally. Hi-Tech has a staff of inside and outside sales representatives, who are always there to help you with your latest nutrition and supplement questions, and to help you find exactly what you are looking for.
Brandon Schopp, Vice-President of Contract manufacturing with Hi-Tech, commented, "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. Additionally, having access to our extensive production capabilities across a variety of product formats is a significant competitive advantage." The acquisition, in combination with an expansive capital investment program, will create world-class formulation, product development and production capabilities across in excess of 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. 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 Healthcare brands will be a one-stop shop for Sports Nutrition stores," said Schopp.
Hi-Tech has been able to increase its market share in the United States through the acquisition of Florida-based Synergy Nutritional Industries in 2005, and gained a larger market share when it acquired Advanced Performance Supplements ("APS") in 2011. Hi-Tech gained further industry dominance when it acquired Nittany Pharmaceuticals in Pennsylvania and ALR Industries in California in 2012. Hi-Tech's recent strategy has been, and according to its leaders will continue to be, growth through Merger and Acquisition activity. In 2015, Hi-Tech acquired Advanced Pharmaceuticals and Nutritionals in Mexico, FormuTech Nutrition, Sports One, Innovative Laboratories and LG Sciences. In 2016, Hi-Tech acquired iForce Nutrition, Prime Nutrition, Advanced Muscle Science ("AMS"), and launched Full Dose Labs. In 2017, Hi-Tech has acquired Gen One Labs, Active Sports Distribution, and launched its Nature's Essential brand of healthcare products based upon its proprietary Cyclosome ™ Technology. Top Secret Nutrition is the fifteenth acquisition for Hi-Tech in recent years and will not be the last of the year.
About Hi-Tech Pharmaceuticals
Hi-Tech Pharmaceuticals (https://www.hitechpharma.com/index.htm) is a leading Sports Nutrition manufacturer. Since 1979, Hi-Tech Pharmaceuticals, Inc. and its sister company, Hi-Tech Nutraceuticals, LLC. have been providing quality custom manufacturing services to the pharmaceutical, dietary supplement and beverage industries. Hi-Tech Pharmaceuticals is a cGMP certified company that operates out of Four (4) US Production facilities and (2) Warehouses, totally over 600,000 sq. ft. The two Georgia based production facilities are both located outside Atlanta in the Norcross and Suwanee Advanced Technology areas. Hi-Tech also has Two (2) facilities located outside State College, Pennsylvania. Hi-Tech holds a Drug Manufacturing License issued by the State of Pennsylvania Food and Drug Branch and is registered as a Food and Drug Establishment with the FDA in Pennsylvania.
Hi-Tech's acquisition of Nittany immediately doubled Hi-Tech's solid dose and powder square footage. The former Nittany facility is a 130,000 sq. ft. modern facility and was a full-service contract manufacturer that enjoyed continuous growth over the past 36 years in the nutrition and pharmaceutical industry. Another advantage of buying Nittany Pharmaceuticals was their intimate knowledge of liquid products. In 2008 Nittany purchased a 70,000-square-foot facility, which was a former Dean Foods facility in Bellville, Pennsylvania to add to their already growing liquid dietary supplements and beverages. As industry's leading energy drink manufacturers for nearly over a decade, Nittany had the knowledge, experience and resources necessary to create Hot & Cold fill liquid drinks from 8 ounce to 32 ounces.
Hi-Tech's beverage technology is designed to manufacture a better-tasting and longer-lasting product and allows the processing and packaging of liquid foods to be safe, fresh, and flavorful without the use of preservatives. The acquisition of Nittany was aligned with Hi-Tech's nutritionals growth strategy and will strengthen Hi-Tech Nutraceuticals by expanding its end-to-end solutions capability as an ingredients supplier, formulator, and end product manufacturer. The acquisition enhanced the Hi-Tech portfolio by complementing and enhancing existing ingredient solution capabilities.
Hi-Tech had never been a beverage contract manufacturing company or handled many liquid products until the acquisition of Nittany. Now with the acquisition of Nittany - Hi-Tech is able to provide a full service of beverage co-packing services, including research and development, raw material procurement, product development, bottle filling, finished packaging, warehousing, and much more.
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SOURCE Hi-Tech Pharmaceuticals, Inc.