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.
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