Vitamin maker Jamieson Laboratories bought by CCMP Capital Advisors
Eric Margolis, owner of Jamieson Laboratories Ltd, a Windsor, Ont.-based provider of vitamins, minerals and nutrition supplements, has agreed to sell the company to U.S. private equity firm CCMP Capital Advisors. The acquisition price was not disclosed, however, one source has pegged it at $300 million. The deal is expected to close at the end of January. Margolis said the backing of Jamieson by CCMP will provide new capital infusions and management to continue its growth, including expansion into the United States and globally. Margolis will remain chairman of the the company's board of directors. CCMP portfolio company Milacron LLC last year bought Georgetown, Ontario-based plastics manufacturer Mold-Masters Ltd from U.K. private equity firm 3i Group.
