acquire
Tate & Lyle to Acquire CP Kelco
Tate & Lyle (U.K.) will acquire CP Kelco (Atlanta, GA) from J.M. Huber Corporation for $1.8 billion. The proposed combination will create a leading and differentiated global specialty food and beverage solutions business. Huber and Tate & Lyle have entered into an agreement by which Huber will continue to stay invested in CP Kelco through ...
SUANFARMA Acquires Monteloeder
Three months after the entry of health care focused investment firm ArchiMed, SUANFARMA (Fairlawn, NJ) has reached an agreement to acquire a majority of Monteloeder, a world leader in the research and development of scientifically proven and patent-protected botanical extracts supported by clinical studies. With more than 25 years in the market, Monteloeder has experienced ...
Glanbia plc to Acquire Slimfast
Glanbia plc (Ireland), the global nutrition group, has signed an agreement with the owners of KSF Holdings LLP (Dallas, TX) and HNS Intermediate Corporation (Richmond, TX) who collectively own SlimFast and other brands, to acquire such entities for $350 million. SlimFast is a leading weight management and health & wellness brand family distributed primarily in ...
IMCD to Acquire E.T. Horn Company
IMCD N.V. (Rotterdam, The Netherlands), a leading distributor of specialty chemicals and food ingredients, has announced that it signed an agreement to acquire 100 percent of the outstanding shares of E.T. Horn Company. According to IMCD, HORN is an excellent fit with IMCD’s U.S. activities and supports the strategy of offering to its suppliers and ...
Nestlé Extends Consumer Health Care Portfolio by Acquiring Atrium Innovations
On December 5, Nestlé announced that it agreed to acquire privately held Atrium Innovations, a global leader in nutritional health products, from a group of investors led by Permira Funds for $2.3 billion in cash. Atrium’s 2017 sales are expected to reach almost $700 million. The move supports Nestlé’s pursuit of growth opportunities in consumer health ...
Aker BioMarine and Neptune Close $34 Million Agreement
Neptune Technologies & Bioressources Inc. (Laval, QC, Canada) and Aker BioMarine Antarctic AS (Lysaker, Norway) have announced that they have concluded an agreement whereby Aker BioMarine acquired Neptune’s krill oil inventory and IP for a cash consideration of $34 million (U.S.) paid at closing. “This transaction marks an important step in Neptune’s next phase of development. ...
Lonza to Divest Peptides Business to PolyPeptide
Lonza (Switzerland) and the PolyPeptide Group (Belgium) jointly announced that PolyPeptide Laboratories Holding (PPL) AB has entered into a definitive agreement with Lonza Sales AG and Lonza AG (both 100 percent affiliates of Lonza Group AG) to acquire the peptides business and operations of Lonza in Braine-l’Alleud, Belgium. Lonza’s Braine facility, with approximately 280 employees, ...
Lonza Acquires InterHealth Nutraceuticals
Lonza (Basel, Switzerland) has announced that it has agreed to acquire California-based InterHealth Nutraceuticals, Inc., a leader in research, development, manufacture and marketing of value-added nutritional ingredients for use in dietary supplements, based in Benicia, CA (USA). InterHealth is a portfolio company of Kainos Capital. “With this acquisition Lonza is taking a further step along ...
AAK Acquires CalOils
AAK (Edison, NJ) has acquired the leading West Coast-based vegetable oils company California Oils Corporation from Mitsubishi Corporation of Japan. California Oils Corporation, also known as CalOils, had last year revenues of approximately SEK 1,350 million ($157 million) and a volume of approximately 110,000 MT, with 65 employees. “A strong presence on the U.S. West ...
MORRE-Tec Acquires Vitacyclix
Leonard Glass, president and CEO, MORRE-Tec Industries (Union, NJ), recently announced that the company has acquired Vitacyclix, a Yonkers, NY-based company known for its quality vitamins, nutrients and bioflavonoids for fortification in food, dairy, beverage and nutritional products. Vitacyclix offers water-soluble vitamins A, D and E liquid concentrates and powders that provide significant advantages for ...
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