Now entering the organic joint care market: UC-II undenatured collagen, from Lonza. The latest in this line is a Non-GMO Project Verified ingredient made with certified organic collagen. The FDA-NDI notified ingredient, manufactured in the United States, is made with 93% organic ingredients. The Lonza facility is certified organic by...
Basel, Switzerland—Bain Capital and Cinven have entered into a definitive agreement to acquire Lonza’s Specialty Ingredients (SI) business and operations for a value of CHF 4.2 billion, according to a press release. “Today’s announcement is the result of a comprehensive and robust selection process.” Lonza’s Chairman, Albert Baehny, said in...
Basel, Switzerland—Lonza has reported its full-year 2020 results, noting in a press release that the company delivered on its guidance. “The full-year results reflect our commitment and focus to maintaining operations throughout the COVID-19 pandemic, while making an active and decisive contribution to controlling it,” said Pierre-Alain Ruffieux, CEO of...
Basel, Switzerland—Lonza has announced a partnership with Body&Fit, Glanbia Performance Nutrition’s direct-to-consumer brand. The brand will use Lonza’s DUOCAP capsule portfolio and specialty nutrition ingredients, a press release on the topic explains. The capsule-in-a-capsule design allows combined dosing of otherwise-incompatible ingredients. Body&Fit has already launched Beauty Skin Duo and Pro...
Bloomingdale, IL—To accommodate consumer preferences, NOW announced that the company is phasing out gelatin capsules and the use of magnesium stearate. Gelatin capsules are sourced from animals, a press release from NOW notes, which can be off-putting to some customers. NOW instead will be using Capsugel’s VCaps, made of cellulose...
Basel, Switzerland—Lonza has invested CHF 85 million—approximately $93 million—to expand its capsule manufacturing capacity, according to a press release. The expansion, across eight global Lonza sites, will increase capacity by 30 billion capsules annually. Current industry trends are leading to increased demand for capsules, the press release says, both in...
Lonza has launched TWK10, a vegan Lactobacillus plantarum probiotic strain isolated from naturally fermented Taiwanese Kimchi. TWK10 is clinically shown to enhance endurance, improve body composition and energy levels, the company says. Licensed exclusively from Synbiotech for North America and Europe, the clean label, vegan ingredient can be used in...
Basel, Switzerland—Lonza reported Group sales growth of 7.7% and a CORE EBITDA margin of 29.1%, which the company said reflect Lonza Group’s robustness to the challenges and uncertainties caused the COVID-19 pandemic in H1. The Lonza Pharma Biotech and Nutrition (LPBN) Segment drove the results, delivering 10.8% sales growth and...
Sprouts Farmers Market has announced Gilliam Phipps as Senior Vice President, Chief Marketing Officer. Phipps will oversee Sprouts’ marketing, advertising, customer engagement and private label teams and will report directly to CEO Jack Sinclair. With over twenty years of experience, Phipps served as Vice President of Branding, Marketing at The...
Basel, Switzerland—Lonza Group Ltd. has hosted its Annual General Meeting, according to a press release. Due to the COVID-19 crisis, shareholders were not allowed to attend in person; all shareholders delegated their votes to the independent proxy, who therefore represented 100% of the 44,965,404 votes usually cast by shareholders. All...
