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Nutrition Capital Network news:Naturex Acquires Decas Botanical

Nutrition Capital Network news:Naturex Acquires Decas Botanical

Naturex (Avignon, France), a supplier of botanical extracts and plant-based ingredients, has acquired Decas Botanical Synergies (Carver, Mass.), a supplier of cranberry extracts and powders for the nutrition and pharmaceutical industries. Decas had revenues of $10 million in 2011 generated by an ingredients portfolio which includes proanthocyanidin (PAC) standardized powders and extracts, juice concentrate powders, and cold pressed seed oils. Naturex will hold 95% of the company and Decas CEO Doug Klaiber, 5%. The management team and corporate headquarters will be retained. Other acquisitions announced by Naturex in the last 12 months include Burgundy Botanical Extracts; Pektowin, a Polish maker of apple and citrus pectins and juice concentrates; and Valentine of India, a producer of fruit and vegetable powders and natural colors for the food industry. Naturex’s consolidated revenue for the first half of 2012 was €147.2 million, up 15% from the prior comparable period, reflecting a consolidation effect of 6.3%.

 

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.

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