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FMC to Buy Natural Color and Specialty Nutrition Ingredients Maker in Chile

2:54 PM MDT | October 26, 2011 | Lindsey Bewley

FMC says it will acquire South Pole Biogroup (Santiago, Chile) a natural color and specialty nutrition ingredients manufacturer. The acquisition further expands FMC's portfolio of naturally sourced specialty products used in the food, beverage, personal care, nutrition and pharmaceutical markets. Terms of the deal were not disclosed, but FMC says it will close by the end of this year.   The natural color market is expected to grow beyond $1 billion in the next four years as consumer preference for nature-derived food colors and ingredients and overall health...

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