Nutrition Business Journal
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Nutrition Capital Network news: Pharmachem buys integrated aloe vera supplier

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.

Pharmachem Laboratories Inc. (Kearny, N.J.), a supplier of branded and specialty nutritional ingredients, has acquired Improve USA (DeSoto, Texas), an integrated aloe vera manufacturer with three facilities in Mexico. Improve USA controls its production from farming through to conversion of aloe vera leaves into powder or liquid ingredients.

“Having three separate facilities and multiple farming operations under our control ensures a secure supply of aloe vera for our customers,” said Peter Hafermann, newly appointed president of Improve USA. “In addition, it gives us the flexibility of bottling in Mexico or at our Alix Technologies facility in Utah.” Improve USA will operate as a wholly owned subsidiary and retain its current management and employees.

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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