Covington, KY — Ashland Global Holdings Inc. announced in a press release that its subsidiary has signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc., based in Kearny, NJ. As part of the terms of the stock purchase agreement, Ashland will pay a $660 million all-cash transaction expected...
Oslo, Norway and Metuchen, NJ — NattoPharma, a researcher and developer of vitamin K2 products, has been awarded a grant by the Norwegian Research Council. The grant will be used to fund a 4-year project documenting how the absence or presence of vitamin K2, MK7 effects the metabolism of calcium...
Maumee, OH — Purity Foods, Inc., a Hudson, MI-based processor of conventional and organic grains, has been acquired by Andersons, Inc. Grain Group. Certified by the Quality Assurance International (QAI) and the America Institute of Baking (AIB), Purity Foods is comprised of a two productions ines and a 650,000-bushel storage capability.
On April 13th, 2017, Jack Challem, bestselling author and beloved figure in the natural products industry, passed away after a battle with pancreatic cancer at the age of 66. Born May 29, 1950, he will be remembered for many contributions, including ushering in science-based nutrition reporting in the natural products...
Brandenton, FL — HP Ingredients announced in a press release that they have appointed AIDP, based in City of Industry, CA, a licensed distributor of its patented, proprietary extract of Eurycoma Longifolia, LJ100. Validated by 13 clinical trials, LJ100 has been demonstrated to promote energy, male virility/sexual health, reproductive health,...
New York, NY — Kyowa Hakko Bio, an international health ingredient manufacturer, is launching a website dedicated to assist consumers in learning more about the brands but also to help manufacturers search for key ingredients for their products. Kyowa Hakka Bio utilizes innovative fermentation technology to produce multiple useful substances...
A new study, published in the Journal of Clinical Endocrinology & Metabolism, suggests taking a mixed carotenoid supplement (MCS) may be effective in controlling “adipokines and abdominal adiposity in obese children.” In the randomized, double-blind, placebo-controlled trial, 2 tablets of a MCS (CarotenALL) or a placebo were given to 20...
On Monday, in a filing with the Securities and Exchange Commission, Jana Partners, an activist hedge fund, revealed they had obtained an 8.8% stock in Whole Foods Market and intended on proposing ways to fix the markets “chronic underperformance.” In the filing, Jana Partners listed seven points, such as board...
New York, NY — Atkins Nutritionals, Inc., currently owned by Roark Captial Group has been acquired by Conyers Park Acquisition Corp with the intent to combine the companies under a newly created holding company, The Simply Good Foods Company. Atkins Nutritionals, Inc. has been purchased at approximately $856 million and...
Sunrise, FL — Mark Jaggi has been appointed as the chief financial officer of Viva 5 Corporation. With almost 20 years of leadership and financial knowledge, Mr. Jaggi has a history of multiple C-level leadership and financial roles. At Twinlab Corp., Mr. Jaggi worked as the chief financial officer from...
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