Tully & Holland, Inc. represents American Nutriceuticals, Inc.
November 12, 2002 - Wellesley Hills, MA-based Tully & Holland, Inc. acted as financial advisor to American Nutriceuticals, Inc. in the sale of its assets to Internutra, LLC, a New York-based company. American Nutriceuticals is a leading early stage nutritional food company, which sought a partner or an equity infusion in order to fund its continued growth within this strategic steadily growing $600 million healthcare foodservice market.
ANI has developed a unique line of patented pureed foods that serves the needs of over 600,000 institutionalized individuals that may require, at any given time, to consume puree foods. The partnership with Internutra, Inc. will enable ANI to fund current growth and develop future proprietary product within this rapidly developing field.