LycoRed Acquires Natural Carotenoids Supplier

Lycopene specialist LycoRed (Beer Sheva, Israel) has acquired Ukraine-based Vitan Ltd., a specialist in fermenting Blakeslea trispora fungi to produce natural beta-carotene biomass and other types of carotenoid biomass. LycoRed said that the acquisition enhances its own position in the global natural carotenoids market.

“LycoRed, which is famous for leading the natural lycopene [market] worldwide, will now have also a clear advantage offering natural beta-carotene and being a fully…integrated manufacturer for natural colors, beadlets for dietary supplements, and more…,” said Morris Zelkha, LycoRed’s CEO, in a press release.