Glanbia Nutritionals has acquired the bioactive ingredients business of PanTheryx, Inc. a US based health and nutrition business, for consideration of $46 million.
This business is a leading B2B, manufacturer of dairy bioactive solutions that further builds out Glanbia Nutritionals’ bioactives portfolio. The business operates from two facilities, one in Phoenix, Arizona and one in Ripon, California.
This acquisition builds on Glanbia Nutritionals’ strategic capabilities and will complement the existing ingredient technology portfolio of the business, providing a wider breadth of technical capabilities to support its customers.
For more information on Glanbia Nutritional’s bioactive portfolio see https://www.glanbianutritionals.com/en-gb/nutrition-solutions/solution/ingredient-solutions/bioactive-ingredients