Nutitional ingredient company LycoRed has strengthened its position in the natural carotenoid market by acquiring H Reisman Corporation from Pharmachem Laboratories for an undisclosed amount.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Pharmachem Laboratories will continue to work with LycoRed following the acquisition of Reisman and become the sales arm for the company’s carotenoid beadlet products.
 
Current Reisman vice president and general manager Michael Reuben will stay on with the new organisation to help with the transition and integration process.
 
Reisman’s experience in added value carotenoid formulations and manufacturing provides LycoRed with a US manufacturing base. 
 
LycoRed president and CEO Morris Zelkha said: “LycoRed, with its acquisition of Reisman, will be able to provide a complete service package offering a wider product range, and the extensive analytical and formulation capabilities of LycoRed’s other companies


“This is part of an industry-wide consolidation towards single suppliers of multiple value-added ingredients and services, and LycoRed is much attuned to the needs of our customers.”

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now