Nutrition Business Journal
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Nutrition Capital Network news: DIANA purchases Pacific Pure Aid

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

DIANA (Vannes, France), a developer of natural and functional food ingredients, has announced the purchase of Pacific Pure Aid (Silverton, Ore.). Founded in 1909, Pacific Pure Aid had been held as a 50-50 joint venture by the international flavors and fragrances company Givaudan and Myron Root & Company Inc. Using natural vegetable raw materials, Pacific Pure Aid makes and sells vegetable extracts and concentrates for the agri-food industry, generating revenues of more than $10 million in 2011, up 14% for the year.

“The entry of Pacific Pure Aid into the group allows DIANA to accelerate its development in North America with an industrial presence and a sourcing in high quality local raw materials, complementing its range of natural culinary solutions,” the company stated. DIANA reported revenues of  €392 million in 2011.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news.

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