Asia Pacific: Invitamin d3 and magnesium citrategredion to buy TIC Gums for US$400M

Ingredion Incorporated has entered into a stock purchase agreement to acquire all of the outstanding shares of TIC Gums Incorporated, a privately held, US-based company that provides advancedcalcium citrate d3 magnesium texture systems to the food and beverage industry. ###Its expertise with gum-based texturizers complements Ingredion’s expertise in starch technology and texture solutions.###TIC Gums enables food innovaticitracal slow release 600 mgon by combining several types of texturizers into systems that work synergistically in foodcitrate magnesium near mes and beverages. ###The company has access to a variety of agriculturally derived ingredients, such as gum acacia and guar, and a deep understanding of their performance. ###These nature-based ingredients form the foundation for innovative texturdr berg magnesium citratee systems and allow for clean-label reformulation.###Ingredion expects to fund the US$400 million cash transaction with available cash and short-term credit.###TIC operates two production facilities, one in the US and the other in China, and research and development labs in both countries. douglas laboratories calcium citrate###The company conducts business worldwide and employs more than 200 people.

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