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Dietary supplement testing service company NSF International says it has acquired Richmond, Calif.-based AuthenTechnologies, which provides DNA species identification services to consumer products manufacturers. The company uses a highly specific and sensitive technology capable of identifying most species using shorter DNA segments and validated reference materials, including unexpected contaminants. The company screens for GMOs, allergens, fillers, and filth for companies, including natural product and dietary supplement makers.
"NSF International Acquires DNA-Based Testing Laboratory AuthenTechnologies®", News release, NSF International, January 14, 2016
Organic and natural products company Hain Celestial Group said its British subsidiary has acquired Orchard House Foods Limited, a U.K. marketer of prepared fruit, juices, fruit desserts and ingredients. Founded in 1985, the company supplies retailers, on-the-go food outlets, food service providers and manufacturers. Hain Celestial said the acquisition provides the ability to expand fruit product offerings into continental Europe, as well as new product development with cold pressed juice and branded fruit product offerings in the U.K. It will also provide sales and operating efficiencies in fruit procurement around the world. Orchard House expects sales of $60 and $65 million in 2016.
"Hain Celestial Announces Accretive Strategic Acquisition", News release, Hain Celestial, January 14, 2016
| The Wall Street Journal, January 07, 2016 Chicago Tribune, January 07, 2016 NewHope360.com, January 07, 2016 PR Newswire, January 06, 2016 The Drum, December 31, 2015 |