Japan’s Yamanouchi Pharmaceutical Co. will sell cataloger Bear Creek Corp. to investment fund Wasserstein & Co. for $260 million, according to news reports.

Direct Newsline first reported Wasserstein’s interest in acquiring Bear Creek in its Feb. 16 edition.

The Medford. OR company is the largest direct marketer of fruits and food gifts in the U.S. through its Harry and David subsidiary. It also operates mail order nursery business Jackson & Perkins.

Yamanouchi is also selling its three nutritional and household products direct marketing operations –Shaklee Corp and Inobys in the U.S. and Shaklee Japan KK

Japan’s Yamanouchi Pharmaceutical Co. will sell cataloger Bear Creek Corp. to investment fund Wasserstein & Co. for $260 million, according to news reports.

Direct Newsline first reported Wasserstein’s interest in acquiring Bear Creek in its Feb. 16 edition.

The Medford. OR company is the largest direct marketer of fruits and food gifts in the U.S. through its Harry and David subsidiary. It also operates mail order nursery business Jackson & Perkins.

Yamanouchi is also selling its three nutritional and household products direct marketing operations –Shaklee Corp and Inobys in the U.S. and Shaklee Japan KK