Nutrition Capital Network


Nutrition Capital Network news: LycoRed Acquires Beta Carotene Business

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 August.

LycoRed (Beer-Sheva, Israel), a global provider of lycopene, has acquired Vitan Ltd. of the Ukraine. Founded in 2002, Vitan’s expertise is in fermentation of the blakeslea trispora fungus to produce beta-carotene biomass, a raw material for production of beta-carotene based products for applications in food, food fortification, and dietary supplements. "Vitan will add value to LycoRed, providing us unique access to sourcing and improving our ability to compete in the natural carotenoids global marketplace," said CEO Morris Zelkha.


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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