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Nutrition Capital Network

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Nutrition Capital Network news: FMC acquires Phytone

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.

FMC Corp. (Philadelphia, Pa.) has acquired Phytone Ltd. (Staffordshire, U.K.), a producer of natural colors used in the food, beverage, personal care, and nutrition sectors. "We expect the high growth natural colors market to reach well over $1 billion by 2015,” said Pierre Brondeau, president, CEO and chairman of FMC.

“The addition of Phytone's unique color technology, coupled with our acquisition last year of Chilean-based South Pole Biogroup, greatly strengthens our position in this exciting market." FMC is a diversified chemical company reporting annual sales of $3.4 billion 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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