UK: Glanbia acquires nutritional ingredients company
International consumer foods and nutritional ingredients company Glanbia has acquired bar and beverage group Pro-Fibe Nutrition.
Based in Middlesbrough, UK, Pro-Fibe has now been re-named Glanbia Nutritionals UK, a division of Glanbia Nutritionals, the supplier of vitamin and mineral premixes, protein solutions and oat beta-glucan.
Matthew Richardson, founder of Pro-Fibe Nutrition and technical director of Glanbia Nutritionals UK, said: "Glanbia Nutritionals' ingredient solutions fit well with our business so the acquisition was a natural step. Now, we can further develop our capabilities and services, and offer customers the added value of Glanbia Nutritionals' expertise in the nutritional ingredients market. "
The company said this expansion complements its commitment to science-based nutritional solutions, highlighted by the July 2004 acquisition of Kortus Food Ingredients Services (KFIS).
Hugh McGuire, CEO, Glanbia Nutritionals, said: "Both acquisitions are in line with Glanbia's nutritional strategy to advance our solutions, blending and applications capabilities. Innovation through R&D forms the core of our growth plan, and KFIS and Pro-Fibe share this ethos. We're looking forward to consolidating the businesses to develop functional foods and ingredients for a variety of markets. These are exciting times for Glanbia Nutritionals."
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