Source: San Francisco Business Times 11/13/2006
Neways International Sold
Golden Gate Capital, a San Francisco private equity firm, acquired Neways International, a maker of dietary supplements and personal care products.
Terms of the deal were not disclosed.
Neways, founded in 1992 by Tom and Dee Mower, sells more than 300 products -- from shampoos and shower gel to nutritional supplements and household cleaners -- through a network of independent distributors in 23 countries.
The company is based in Springville, Utah, and has factories in Salem, Utah, and Auckland, New Zealand.
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