US court clears sale of Vitamin World to Feihe International

A US bankruptcy court judge approved New York-based Vitamin World Inc's sale to Feihe International on Thursday, a move which will help the Chinese baby formula maker to expand into the nutrition and health business amid a saturating milk powder market in the country.

Vitamin World Inc, the third largest nutritional supplements retailer in the US, said on Thursday that it will be acquired by China's leading infant and toddler formula milk powder company Feihe International for $28 million. Vitamin World filed for Chapter 11 bankruptcy in September.

According to Feihe International, the two firms will join hands to better tap the health market.