A merger agreement has been signed between RFI Ingredients, Blauvelt, NY and Nat-Trop, San Leandro, CA. Under terms of the merger, RFI will take over all operations of Nat-Trop and Nat-Trop will become a brand name under the RFI portfolio. Nat-Trop’s product line includes Chocamine™, a patent-pending cocoa extract and other South American botanicals such as Sumax™ Brazilian ginseng, acerola, guarana, maca, pau d’arco and yerba mate.
Paul Altaffer, Nat-Trop president, commented on the merger. “We are proud and happy to be affiliated with RFI Ingredients, which offers us strong sales and customer service capabilities. We believe the combined capabilities of the two companies will provide the best service to existing and future Nat-Trop customers.”
RFI chief executive officer Jeff Wuagneux added, “The merger with Nat-Trop provides us with valuable experience and high quality product lines in the South American market, rounding out our product offerings and building on existing capabilities in China, Europe and North America to allow us to offer true global sourcing.”
The merger was effective as of November 1. Nat-Trop customers can now call RFI for sales and customer service information at 800-962-7663. Mr. Altaffer will remain with RFI, heading up South American sourcing and new product development.
About RFI: RFI, Blauvelt, NY, is a leading supplier of innovative natural ingredients for the food, functional food and dietary supplement industries. The company specializes in proprietary GRAS products for functional food applications, antioxidants, antimicrobials and natural preservatives and natural colors and extracts.
About Nat-Trop: Founded in 1987 and headquartered in the San Francisco Bay Area, Nat-Trop, a division of New World Enterprizes, has become a leader in developing and marketing value-added and proprietary ingredients originating from popular food and other natural sources. The company creates proprietary nutritional blends and premixes and distinguishes itself through superior technical support, customer service and science based technology.
For more information:
Ellen Schutt, marketing director
300 Corporate Drive, Suite 14
Blauvelt, NY 10913
Tel: 845-358-8600, ext. 121
E-mail: [email protected]