|
Naturex Acquires Berkem's, Chart Corp. |
|
Friday, 07 March 2008 |
Naturex (Avignon, France) recently the acquired Berkem's "Actifs Innovants" division. This business consists of clinically tested and trademarked plant extracts for the pharmaceutical, nutraceutical, cosmetic and food industries.
This acquisition includes leading brands and products developed by Berkem over the past 10 years. Among a comprehensive line of innovative botanical extracts with demonstrated efficacy backed by clinical studies, it particularly includes Svetol, the well known green coffee extract for weight loss.
The synergies are strong between Berkem's "Actifs Innovants" division and Naturex's activities, both in terms of products and customers, the company says. Beyond strengthening Naturex's Health and Nutrition division—a major area of focus and investment—Berkem's "Actifs Innovants" division expertise will enhance Naturex's innovative product development and promotion abilities. These innovative extracts will be manufactured by Naturex factories and sold in Europe, the Americas and Asia through Naturex's worldwide sales network. Naturex purchased Berkem's "Actifs Innovants" division for EUR 9.5 million. Berkem's "Actifs Innovants" division generated a turnover of EUR 3.8 million in 2007. Jacques Dikansky, president and CEO of Naturex, declared, "this acquisition will boost our ability to bring more and more innovative health product concepts that will set the market trends, with the competitive advantage to offer health claims supported by all the required scientific proofs, from certificates of authenticity to clinical studies." Recently, Naturex also acquired Chart Corp., a US company specializing in the production of natural flavoring ingredients for the beverage and flavor industries. Furthermore, Naturex expects to expand its global network in 2008 by establishing a subsidiary in China and opening a sales office in Japan as well as one in Germany, which will also cover the Benelux countries, the company says. |