Oak Point Partners, LLC acquires remnant assets of Vitamin World, Inc.

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August 7, 2018 – Oak Point Partners acquired the remnant assets of Vitamin World, Inc. and its related entities (Vitamin World) in August 2018. On September 11, 2017, Vitamin World and its affiliates each filed a voluntary petition under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware, jointly administered under Case No. 17-11933. Thereafter, Vitamin World’s sole remaining officer assumed the position of Chief Restructuring Officer, overseeing the wind-down of the bankruptcy estate for the benefit of creditors.

About Vitamin World, Inc., et al.

Founded in 1976, Vitamin World was the third-largest retailer of vitamins, minerals, herbs and supplements. 96% of sales came from Vitamin World’s “Savings Passport Club,” a discount program that also gave customers access to special events. The company operated approximately 345 stores and employed 1,500 people.

Vitamin World also operated under several trade names including Nutrition Warehouse, Inc., Precision Engineered Limited USA, Vitamin Depot, LLC, and VW Online, Inc.

The former headquarters of Vitamin World was located in Holbrook, NY.