Dutch food supplements maker Numico said it expects to realize some 300m-400m euros through asset sales in 2003.

Numico CEO Jan Benninkhe said the company had already sold its Unicity unit in 2003 and expects to sell its US Rexall Sundown facility in the first half of the year.

The Dutch group is to streamline its operations by selling cash-consuming operations to reduce the company's debt of 2.65bn euros.

Numico added that should it decide to sell its GNC unit, which sells vitamin supplements through a network of branded stores, the proceeds would be in addition to those already mentioned.