Schouten USA Merges Into Acatris

Minneapolis, MN – The Royal Schouten Group, based in The Netherlands, has merged four of its companies to form a single, new company called Acatris. Consolidating the worldwide activities of Daminco Inc., Oakville, Canada; Orffa Health & Nutrition, Londerzeel, Belgium; Schouten USA Inc., Minneapolis, MN; and SoyLife Nederland, Giessen, The Netherlands, the new company will have a strong position in the global food and health ingredients market. Acatris will officially come into being on June 1, 2002.

The Royal Schouten Group has been active in the fields of animal feed, pharmaceutical ingredients and food ingredients for more than a century. Over the years, the group has incorporated other firms to strengthen its international position. In establishing Acatris, it is consolidating the food and health activities of four of its companies operating in two continents.

Each of the merging companies has been successful in markets related to food and health ingredients. Daminco Inc. produces and markets a wide range of food ingredients in the North American market, from antioxidant solutions, vitamin and mineral enrichment blends, to lubricants and bakery dough improvers. Orffa Health & Nutrition offers a range of health and food ingredients, supplied through local offices and warehouses throughout Europe. Schouten USA Inc. is the exclusive North American sales representative for SoyLife® and FenuLifeTM, two innovative health ingredients produced by the Group. SoyLife Nederland is the producer and marketer of SoyLife® soy germ concentrates and extract, the first isoflavone product on the market.

The merger and the Acatris name will be introduced during May and June by means of a global campaign. The theme of the campaign—“We feel strong’’—emphasizes the strength of the new company and the synergies that the merger creates.

For more information, please contact Acatris USA Inc., Laurent Leduc, Vice President & General Manager, P: 952-920-7700, E: [email protected]

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