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Pharmavite Acquires FoodState Inc.

Phase 2

Pharmavite LLC has acquired FoodState Inc. The two recognized leaders and innovators in the vitamin, mineral and supplement industry are expected to complement one another through Pharmavite’s over 40 years of experience in manufacturing, research and product development, while FoodState will open doors for Pharmavite into natural and practitioner channels. Foodstate will operate as a wholly owned subsidiary of Pharmavite.

“Pharmavite’s decision to acquire FoodState was heavily influence by its value-based culture and dedication to its nutrition-focused mission, in addition to both companies’ business strengths,” said Connie Barry, CEO and board chairman of Pharmavite. “The FoodState acquisition represents a natural extension of vision. Our shared values, vision and mission truly provide a solid foundation for Pharmavite and FoodState’s future success.”

Pharmavite LLC is one of the largest U.S. manufactures, which includes the Nature Made and SOYJOY brands. The company ensures the highest quality in over 170 products. It has continuously gained the trust of healthcare professionals, consumers and retailers. “Joining Pharmavite allows us to continue to fulfill our mission of improving lives by creating high-quality supplements made with farm fresh whole foods right in our New Hampshire facilities,” said Robert Craven, CEO of FoodState.

FoodState Inc. is the maker of whole food supplements sold through MegaFood, the company’s flagship brand with continual growth and dedicated commitment to the quality of its products, and Innate Response brands. MegaFood has been around since 1973 and has award-winning supplements in the industry such as Blood Builder, Baby & Me and Women’s One Daily. Not only is the company the industry’s first brand to hand-make their vitamins, which are comprised of family-owned, farm fresh whole foods, but MegaFoods is also the only supplement company to create over 36 nutrients, their patented FoodState Nutrients, according to the company.

FoodState will continue to work with their existing executives, while maintaining the organization’s structure. The company will also continue to operate as it had prior to the acquisition, but will report directly to a new Board of Directors.

“We are excited by the opportunity to grow with a company that shares our values,” Craven said.

For more information, visit www.foodstate.com, www.megafood.com or www.innateresponse.com.

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