OWINGS MILLS, Md.,
March 25, 2014 /PRNewswire/ --
Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of
clinically proven, portion-controlled weight-loss products and
programs, announced today that Medix, a Medifast strategic partner
and leading pharmaceutical manufacturer and distributor in
Latin America, acquired 13 Slim
Centers in Mexico City.
Slim Centers, a prominent weight management chain in
Mexico City, has a 30-year
heritage in the weight loss industry. This acquisition by Medix
expands the distribution of Medifast weight management products in
Mexico City. The 13 newly acquired
Slim Centers will feature Medifast programs and offer products to
clients as part of the strategic partnership between Medifast and
Medix.
"This acquisition and expansion by Medix is another step
toward our goal at Medifast to reach more customers
internationally," said Michael
MacDonald, Chairman and CEO of Medifast. "Expanding our
program and product offering further through Medix, a company
fighting the obesity epidemic in Latin
America, is a significant milestone for us and we are proud
to continue and expand our partnership."
"This is a strategic acquisition for Medix as we work to
expand the presence of Medifast products and programs in
Mexico," said Carlos Lopez Patan, Medix Chief Executive
Officer. "We are working to make Medifast a household name in
the fight against obesity in Latin
America."
The acquisition and expansion by Medix comes only weeks after
Medifast, whose products and programs have been recommended by more
than 20,000 doctors since 1980, announced its international
expansion into Canada.
About Medifast:
Medifast (NYSE: MED)
is the leading easy-to-use, clinically proven, portion-controlled
weight-loss program. The company sells its products and programs
via four unique distribution channels: 1) the Web and national call
centers, 2) the Take Shape For Life personal coaching division, 3)
Medifast Weight Control Centers, and 4) a national network of
physicians. Medifast was
founded in 1980 and is located
in Owings Mills,
Maryland. For more information, log
onto www.MedifastNow.com.
About Medix:
Medix is a leading pharmaceutical manufacturer and
distributor
in Mexico with
over 55 years of experience, specializing in comprehensive health
care solutions to aid in the struggle against obesity. Medix offers
a wide range of weight control products and has also recently
expanded into additional countries in Central
and South America. For more
information, visit
www.medix.com.mx.
SOURCE Medifast, Inc.