Americas: Givaudamazon magnesium citrate liquidan buys Brazilian company

Givaudahigh potency calcium magnesium citraten is buying the Nutrition Division of Centroflcalcium citrate d 315 200ora Group, as part of its 2020 strategy to strengthen its global offering of natural extracts and further develop its presence in Brazil.###Centroflora’s Nutrition Division (Centroflora Nutra) manufactures botanical extracts and dehydrated fruits for the food, beverage and consumer goods sectors. ###It offers plant extracts from various regions of the world,kirkland calcium magnesium and zinc especially Brazil. ###It has headquarters and a manufacturing facility in Botucatu, Brazil, employing 116 people and exports products globally.###“The acquisition of Centroflora’s Nutrition Division fits well with our 2020 strategy to expand our offering in naturals and is aligned with our sustainability goals,” Says Givaudan CEO Gilles Andrier.###“It offers a unique opportunity to strengthen our naturals sourcing platform for Givaudan’s flavors, fragrances and cosmetics businesses.”###“Centroflora’s comprehensive sustainability management program will reinforce our company’s contribution to preserving the environment, stimulating the well-being of communities from which we source, and safeguarding resources for the long term.&#8221solgar zinc citrate;###While terms of the deal have not been disclosed, Centroflora Nutra’s business would have represented approximately CHF 17 million (US$17.5 million) of incremental sales to Givaudan’s results in 2017 on a proforma basis. ###Givcalcium mag citrateaudan plans to fund the transaction from existing resources and is expected to close early 2018.

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