Naturex expands plant extracts capability

NRX-listed speciality ingredients firm, Naturex, said it has acquired Burgundy Botanical Extracts, a French manufacturer and supplier of plant extracts for the nutraceutical, pharmaceutical and cosmetics industries. The acquisition is expected to strengthen Naturex's manufacturing base and commercial offerings.

"This acquisition fits perfectly with Naturex's strategy for pursuing growth in its different markets. It is an excellent development opportunity in terms of both manufacturing capacity and commercial positioning," commented Jacques Dikansky, Naturex chairman-CEO and founder.

With 12 years of expertise in botanical extracts, combined with a knowledge of medicinal plants and phytochemistry / biochemistry, Burgundy is one of the European leaders in this market.  The company has production sites in France and in Spain with significant capacity for extraction, purification and drying operations.

In turn, Burgundy products will in turn benefit from Naturex's industrial and technological expertise in addition to its global sourcing capacity, innovation and the strength of its worldwide commercial network.