Nutrition Capital Network


Nutrition Capital Network news: DIANA purchases Pacific Pure Aid

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.

DIANA (Vannes, France), a developer of natural and functional food ingredients, has announced the purchase of Pacific Pure Aid (Silverton, Ore.). Founded in 1909, Pacific Pure Aid had been held as a 50-50 joint venture by the international flavors and fragrances company Givaudan and Myron Root & Company Inc. Using natural vegetable raw materials, Pacific Pure Aid makes and sells vegetable extracts and concentrates for the agri-food industry, generating revenues of more than $10 million in 2011, up 14% for the year.

“The entry of Pacific Pure Aid into the group allows DIANA to accelerate its development in North America with an industrial presence and a sourcing in high quality local raw materials, complementing its range of natural culinary solutions,” the company stated. DIANA reported revenues of  €392 million in 2011.

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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