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Markets :: Specialty Chemicals :: Food additives

Innophos Acquires Nutraceutical Firm Kelatron

10:12 AM MDT | November 3, 2011 | Lindsey Bewley

Innophos says it has entered into a binding agreement and completed the acquisition of bioactive mineral nutrients maker Kelatron Corporation (Ogden, UT) for $21 million.   The combination of Kelatron's micronutrient range of products with the macronutrients of calcium, magnesium, potassium and phosphorus currently manufactured by Innophos is expected to significantly strengthen Innophos' offering to its food, beverage and dietary supplement customers, the company says.   "The acquisition of Kelatron represents a perfect fit with our...

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