Olympian Labs Sold

SCOTTSDALE, Ariz.—Olympian Labs announced Besins Healthcare S.A., a private corporation based in Brussels, Belgium, acquired the company on July 9. According to Craig Connors, Olympian Labs’ CEO, the strategic acquisition will expand the company’s reach into 100 countries through Besins’ nutraceutical operations and provide new technology for delivery of nutraceuticals.

Jay Bua, CEO of Besins USA, said Olympian Labs will have access to extensive funds to acquire other high-end nutraceutical companies, and that Besins’ ultimate goal is to bring Olympian Labs to the world market.

Additionally, John Musante will serve as president of Olympian Labs, working with the company to introduce new technology and expand product offerings. Connors will retain a consulting position with product development and acquisitions.