Neways Enterprises Completes Restructuring

Neways Enterprises, Utah-based maker of dietary supplements and personal care products, has completed an out-of-court restructuring to reduce its debt, the company announced. As a result of the transaction, private equity firm Z Capital Partners and funds affiliated with S.A.C. Capital Advisors will own a majority of Neways. Golden Gate Capital will maintain an equity stake, the company said. Terms of the deal were not released.

DealsNorth AmericaUSBriefs