Stauber Performance Ingredients (Fullerton, Calif.), a nutritional ingredient company founded in 1969, has acquired Pharmline Inc. (Florida, N.Y.) in a transaction that will broaden its product lines and geographic footprint. Founded in 1986, Pharmline manufactures nutritional ingredients with specialized processing capabilities such as mixing, drying, granulation, and micronization.
It also sells and distributes botanicals, fish oil, minerals, vitamins, and amino acids, in addition to operating an in-house lab and R&D facilities. Stauber, which became a portfolio company of ICV Partners in 2011, distributes minerals, herbs, vitamins, amino acids and fruit and vegetable extracts to the food, pharmaceutical, cosmetic and health food industries. “This acquisition represents the next step in building a market leading company with a national presence,” said Ira Moreland, managing director of ICV.
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