LycoRed has acquired Vitan, based in the Dnepropetrovsk area of Ukraine.
Vitan, founded in 2002, uses an ecologically pure technology based on the use of an industrial microorganism, the blakeslea trispora fungus, which is a producer of natural carotenoids.
Vitan’s expertise is in fermentation of blakeslea trispora to produce beta carotene biomass and other types of carotenoid biomass.
Morris Zelkha, CEO of LycoRed, said: "We are excited to add Vitan to the LycoRed family. Vitan will add value to LycoRed, providing us unique access to sourcing and improving our ability to compete in the natural carotenoids global marketplace."
Beta-carotene biomass is an essential raw material for production of beta-carotene-based products for various applications in food, food fortifications and dietary supplements. The biomass is a GMO-free product.
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