CoreFX founder Denis Neville acquires majority stake in company from Ornua

CoreFX Ingredients (Evanston, IL) recently announced that the global dairy co-operative that acquired CoreFX in 2016 will be selling a majority stake of the business to CoreFX founder and CEO Denis Neville.

“Having founded CoreFX with an expectation of continuous evolution, I am excited to embark on this new chapter to unlock our full potential,” said Denis Neville, CEO of CoreFX Ingredients. “With a clear strategic vision and focus on innovation, we will leverage our collective expertise to drive growth, deliver optimal value to our customers, and position CoreFX Ingredients as a leader in the markets we serve.”

CoreFX supplies innovative, dry nutritional ingredients made using a proprietary process that converts natural, plant, and dairy-based oils into stable, convenient powders that are clean-label, neutral in taste, highly dispersible, and customizable. Its brands include: OmegaFX, NutriCoreFX, CreamerCoreFX, CheezeCoreFX, and DairyCoreFX. The company also has a new line of bioactive compounds.