In May 2011, MCP invested in Pharmetics, a leading Canadian manufacturer of private-label VMS (vitamins, minerals, supplements) and OTC (over-the-counter) drugs. The Company was founded in 1957 as a manufacturer and distributor of VMS and began producing OTC drugs in 2004. Pharmetics manufactures 400 different private-label products, serving Canada’s largest grocers and pharmacies. Top-selling products include store-brand ibuprofen, acetaminophen, calcium and prenatal vitamins. Pharmetics participates across the value chain as it sources raw materials; mixes, compresses, coats, and packages vitamins and drugs, and coordinates with customers to develop new products.
- 5/12/2011 - Monitor Clipper Partners Acquires Pharmetics