Neways International Sold

Golden Gate Capital Acquires Neways International

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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