Archives for December 10, 2012

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Groupe Caravelle to acquire equity stake in Naturex

By Caroline Scott-Thomas

French industrial business Groupe Caravelle has said it intends to acquire an equity stake in Naturex, following Spanish group Natraceutical’s sale of its 15.35% stake in the company earlier this month.

LifeVantage recalls product over metal contamination

By Hank Schultz

LifeVantage, manufactures of herbal supplement Protandim, recently announced a product recall that reportedly could end up costing the company as much as $7 million before recovery from suppliers.