Innophos has acquired the mineral nutrient specialist at a price of $21 million.
Innophos Holdings Inc. (Cranbury, NJ), the parent company of Innophos Inc., has acquired Kelatron Corporation (Ogden, UT) for the purchase price of $21 million.
Innophos is a producer of specialty phosphate products for numerous industries, including food, beverage, and oral care markets. Kelatron is a manufacturer of various mineral nutrients, including micronutrients and macronutrients, including calcium, magnesium, potassium, and phosphorus. The acquisition gives Innophos added strength in the food, beverage, and dietary supplement markets.
The Nutritional Outlook Podcast Episode 33: Keeping up with contract manufacturing
July 26th 2024Nutritional Outlook talks to Lauren Samot, commercial innovation leader, and Blayney McEneaney, sales executive at Vitaquest International, about trends within the contract manufacturing space, and the ways in which contract manufacturers like Vitaquest keep up with the market and differentiate themselves from the competition.