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Twinlab

January 01, 1970

Twinlab Consolidated Corporation is an American company which manufactures and markets vitamins, minerals, and bodybuilding supplements. Twinlab is based in Boca Raton, Florida.

Twinlab Consolidsted Corporation
Company typePublic
IndustryHealth products
Founded1968
HeadquartersBoca Raton, Florida
Websitewww.twinlab.com

Twinlab currently produces more than 500 different products.[1]

History edit

Twinlab was founded by David and Jean Blechman in 1968 and run by them and their sons – Neil, Brian, Ross, Steve and Dean. Using experience gained from over 20 years as a pharmaceutical salesman, David Blechman named the company for his two sets of twins and started marketing a liquid protein supplement from their family garage. Sales of Twinlab's only product skyrocketed in the 1970s, in part from the success of a 1976 book entitled The Last Chance Diet — When Everything Else Has Failed: Dr. Linn's Protein-Sparing Fast Program. Dr. Robert Linn was a Pennsylvania osteopath, who had begun prescribing for his overweight patients a program of fasting and four- to six-ounce daily doses of liquid protein. His book sold extremely well, and Dr. Linn's diet became the latest weight-loss fad diet. This led to increased sales for Twinlab's liquid protein. As with many fad diets, the fasting/liquid protein craze came to a halt when in late 1976 and early 1977 there were reports of the deaths of 58 people who had followed Linn's diet.

Following a U.S. Food and Drug Administration (FDA) investigation the associated coverage of the popular diet and its potential side effects by Newsweek, Parents' Magazine, and Science Digest, the liquid protein market bottomed out, and Twinlab's revenues declined sharply forcing the company to cut nearly all of its 150-person workforce.

In the 1980s Twinlab branched out formulating new vitamin and nutritional supplements and purchased a publishing company called Advanced Research Press, Inc. (ARP) publishers of the bodybuilding magazine Muscular Development and several other magazines.

David Blechman retired in 1996, and passed the title of CEO to his son Ross, while the other sons were installed as corporate officers. He died on July 7, 2000. In 2001 Twinlab sold ARP to Steve Blechman who then resigned from Twinlab.

After slumping sales in 2002,[2][3] the company filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Southern District of New York in September 2003. In 2004, Twinlab Corp., Twin Laboratories Inc. and Twin Laboratories (UK) Ltd. were purchased for $65 million by IdeaSphere Inc.[4]

Ideasphere also known as ISI brands, and which also operated as Twinlab, went on to acquire other dietary supplement brands such as Metabolife, Nature's Herbs, Alvita Teas, and a publisher, Rebus LLC.[5]

In January 2014 Twinlab's CEO Tom Tolworthy announced that he would partner with Capstone Financial Group to raise $130M to conduct a management buyout of Twinlab and make other acquisitions, via an entity called Twinlab Consolidation Corporation.[6][7] The transaction was completed in August 2014.[8]

In July 2018, Anthony Zolezzi, founder of Bubba Gump Shrimp Company[9][10] and Pet Promise Natural Dog Food[11] was named CEO of Twinlab, after being appointed to the Board of Directors the previous May.[12]

Variations edit

Vitamin variations are as follows;[13]

  • Daily One Caps without Iron
  • NAC N-Acetyl-Cysteine
  • High Potency Natural Magnesium
  • Women's Ultra Daily Multivitamin

References edit

  1. ^ Mission Statement, twinlab.com, accessed January 13, 2007.
  2. ^ Twinlab hit by sales downturn, nutraingredients-usa.com, July 31, 2002, accessed January 13, 2007.
  3. ^ Twinlab restructuring takes its toll, nutraingredients-usa.com, November 13, 2002, accessed January 13, 2007.
  4. ^ Staff, Engredea. Dec 21, 2003 IdeaSphere Purchase of Twinlab Completed
  5. ^ Staff, Engredea. Jul 3, 2005 Ideasphere Intends to Acquire Non-Ephedra Metabolife Assets 2014-08-26 at the Wayback Machine
  6. ^ Hank Schultz for Nutra Ingredients Jan 27 2014 $130 million in financing to underpin Twinlab management buyout
  7. ^ Hank Schultz for Nutra Ingredients March 17, 2014. New structure will create a 'more relevant' Twinlab, Tolworthy says
  8. ^ Michael Johnsen for Drug Store News. August 11, 2014. Twinlab Consolidation Corp. acquires Twinlab Corp. in strategic, employee-led buyout
  9. ^ "Big kahunas of tuna". cbs8.com. 12 January 2010. Retrieved 2022-01-10.
  10. ^ Elliott, Stuart (1994-10-07). "THE MEDIA BUSINESS: ADVERTISING; 'Gump' Sells, to Viacom's Surprise". The New York Times. ISSN 0362-4331. Retrieved 2022-01-10.
  11. ^ "A promise worth keeping". www.petfoodindustry.com. 10 March 2009. Retrieved 2022-01-10.
  12. ^ "Twinlab Names Anthony Zolezzi CEO". Vitamin Retailer Magazine. 2018-07-23. Retrieved 2022-01-10.
  13. ^ "Vitamin Shoppe". www.vitaminshoppe.com. Retrieved 2023-05-19.

External links edit

  • Official Website of Twinlab

January 01, 1970
twinlab, consolidated, corporation, american, company, which, manufactures, markets, vitamins, minerals, bodybuilding, supplements, based, boca, raton, florida, consolidsted, corporationcompany, typepublicindustryhealth, productsfounded1968headquartersboca, ra. Twinlab Consolidated Corporation is an American company which manufactures and markets vitamins minerals and bodybuilding supplements Twinlab is based in Boca Raton Florida Twinlab Consolidsted CorporationCompany typePublicIndustryHealth productsFounded1968HeadquartersBoca Raton FloridaWebsitewww twinlab com Twinlab currently produces more than 500 different products 1 Contents 1 History 2 Variations 3 References 4 External linksHistory editTwinlab was founded by David and Jean Blechman in 1968 and run by them and their sons Neil Brian Ross Steve and Dean Using experience gained from over 20 years as a pharmaceutical salesman David Blechman named the company for his two sets of twins and started marketing a liquid protein supplement from their family garage Sales of Twinlab s only product skyrocketed in the 1970s in part from the success of a 1976 book entitled The Last Chance Diet When Everything Else Has Failed Dr Linn s Protein Sparing Fast Program Dr Robert Linn was a Pennsylvania osteopath who had begun prescribing for his overweight patients a program of fasting and four to six ounce daily doses of liquid protein His book sold extremely well and Dr Linn s diet became the latest weight loss fad diet This led to increased sales for Twinlab s liquid protein As with many fad diets the fasting liquid protein craze came to a halt when in late 1976 and early 1977 there were reports of the deaths of 58 people who had followed Linn s diet Following a U S Food and Drug Administration FDA investigation the associated coverage of the popular diet and its potential side effects by Newsweek Parents Magazine and Science Digest the liquid protein market bottomed out and Twinlab s revenues declined sharply forcing the company to cut nearly all of its 150 person workforce In the 1980s Twinlab branched out formulating new vitamin and nutritional supplements and purchased a publishing company called Advanced Research Press Inc ARP publishers of the bodybuilding magazine Muscular Development and several other magazines David Blechman retired in 1996 and passed the title of CEO to his son Ross while the other sons were installed as corporate officers He died on July 7 2000 In 2001 Twinlab sold ARP to Steve Blechman who then resigned from Twinlab After slumping sales in 2002 2 3 the company filed a voluntary petition for Chapter 11 reorganization with the U S Bankruptcy Court for the Southern District of New York in September 2003 In 2004 Twinlab Corp Twin Laboratories Inc and Twin Laboratories UK Ltd were purchased for 65 million by IdeaSphere Inc 4 Ideasphere also known as ISI brands and which also operated as Twinlab went on to acquire other dietary supplement brands such as Metabolife Nature s Herbs Alvita Teas and a publisher Rebus LLC 5 In January 2014 Twinlab s CEO Tom Tolworthy announced that he would partner with Capstone Financial Group to raise 130M to conduct a management buyout of Twinlab and make other acquisitions via an entity called Twinlab Consolidation Corporation 6 7 The transaction was completed in August 2014 8 In July 2018 Anthony Zolezzi founder of Bubba Gump Shrimp Company 9 10 and Pet Promise Natural Dog Food 11 was named CEO of Twinlab after being appointed to the Board of Directors the previous May 12 Variations editVitamin variations are as follows 13 Daily One Caps without Iron NAC N Acetyl Cysteine High Potency Natural Magnesium Women s Ultra Daily MultivitaminReferences edit Mission Statement twinlab com accessed January 13 2007 Twinlab hit by sales downturn nutraingredients usa com July 31 2002 accessed January 13 2007 Twinlab restructuring takes its toll nutraingredients usa com November 13 2002 accessed January 13 2007 Staff Engredea Dec 21 2003 IdeaSphere Purchase of Twinlab Completed Staff Engredea Jul 3 2005 Ideasphere Intends to Acquire Non Ephedra Metabolife Assets Archived 2014 08 26 at the Wayback Machine Hank Schultz for Nutra Ingredients Jan 27 2014 130 million in financing to underpin Twinlab management buyout Hank Schultz for Nutra Ingredients March 17 2014 New structure will create a more relevant Twinlab Tolworthy says Michael Johnsen for Drug Store News August 11 2014 Twinlab Consolidation Corp acquires Twinlab Corp in strategic employee led buyout Big kahunas of tuna cbs8 com 12 January 2010 Retrieved 2022 01 10 Elliott Stuart 1994 10 07 THE MEDIA BUSINESS ADVERTISING Gump Sells to Viacom s Surprise The New York Times ISSN 0362 4331 Retrieved 2022 01 10 A promise worth keeping www petfoodindustry com 10 March 2009 Retrieved 2022 01 10 Twinlab Names Anthony Zolezzi CEO Vitamin Retailer Magazine 2018 07 23 Retrieved 2022 01 10 Vitamin Shoppe www vitaminshoppe com Retrieved 2023 05 19 External links editOfficial Website of Twinlab Retrieved from https en wikipedia org w index php title Twinlab amp oldid 1222727905, wikipedia, wiki, book, books, library,

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