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FMC Acquires Natural Colors Company in the U.K.

7:04 AM MDT | June 13, 2012 | Sotirios Frantzanas

FMC Corp. says it has acquired natural colors producer Phytone (Burton-on-Trent, U.K.). The products and formulations of Phytone are used by customers in the food, beverage, personal care, and nutrition sectors. The acquisition is in line with FMC's commitment to grow its natural colors portfolio, and represents another step in this strategy. "We expect the high-growth, natural colors market to reach well over $1 billion by 2015. The addition of Phytone's unique color technology, coupled with our acquisition last year of Chilean-based South Pole Biogroup...

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