Nutrition Capital Network


Nutrition Capital Network news: FMC acquires Phytone

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.

FMC Corp. (Philadelphia, Pa.) has acquired Phytone Ltd. (Staffordshire, U.K.), a producer of natural colors used in the food, beverage, personal care, and nutrition sectors. "We expect the high growth natural colors market to reach well over $1 billion by 2015,” said Pierre Brondeau, president, CEO and chairman of FMC.

“The addition of Phytone's unique color technology, coupled with our acquisition last year of Chilean-based South Pole Biogroup, greatly strengthens our position in this exciting market." FMC is a diversified chemical company reporting annual sales of $3.4 billion 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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