Ingredients manufacturer Naturex has announced its acquisition of Swedish Oat Fiber, a specialised manufacturer of oat-based extracts and ingredients, for an undisclosed sum.
Naturex have said that Swedish Oat Fiber, based in Bua near Gothenburg on the west coast of Sweden, will contribute to strengthen the company’s presence in the nutrition segment by increasing Naturex’s position in the cardiovascular health segment by adding the company’s existing offering in order to contribute to reducing risk factors relating to a sedentary lifestyle, obesity, diabetes and high blood pressure.
Olivier Rigaud, chief executive officer and director at Naturex, said: “We are delighted and proud to integrate Swedish Oat Fiber, a leading company in natural oat ingredients and a pioneer in its field. We are very pleased to welcome its talented employees who have succeeded in achieving such a level of excellence to this day. This acquisition will support our development and diversification strategy into very promising market segments, such as dietary fibres with strong health claims, and specialty plant-based proteins, in line with new consumer trends.”
Peo Crona, chief executive officer at Swedish Oat Fiber added: “We are very pleased to join Naturex Group who share the same passion for our business and common values of entrepreneurship, creativity and integrity. We are convinced that Naturex will know how to provide a new strategic impetus to Swedish Oat Fiber and support its development and future projects through its international commercial network R&D support and the expertise of its network of application laboratories.”
Naturex said that Swedish Oat Fiber’s development has resulted in a number of health claims, such as lowering cholesterol levels, approved by various regulatory authorities throughout the world.
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