Carol Stream, IL-Food ingredient supplier Prinova expands its global footprint to six manufacturing sites on three continents with the acquisition of Israeli-based Lycored’s premix operations based in China and the United Kingdom, the company announced.
Prinova is a global supplier of ingredients, flavors, blending and contract manufacturing solutions for the food, beverage and nutrition industries. The company is a leading global supplier of Vitamins C, B and food grade amino acids. It has distribution capabilities around the world to ensure continuity of supply and this acquisition extends those capabilities.
“Prinova has made substantial investments in our North American premix operations and supplies a wide variety of dry and liquid nutrient and flavor premix blends in the U.S. and internationally,“ said Don Thorp, president, Prinova, in a statement. “The addition of these premix capabilities gives Prinova the ability to extend these offerings on a global basis, customized to the needs of the regional markets.”
The Lycored facilities in China and the United Kingdom have been supplying leading international food companies with premixes to fortify their products with vitamins, minerals and other nutrients. These premixes address the cereal, beverage, dairy, infant formulation, and other premix categories.
David York, CFO, Prinova stated “Prinova is incredibly excited about this acquisition. We now feel very confident we can supply our customers worldwide.” York said that as part of the agreement, Prinova will retain all Lycored’s employees in China and the United Kingdom.