Naturex Completes Production Site Acquisition in Valencia (Spain)

28 Aug 2013 --- NATUREX, the global leader in specialty plant-based natural ingredients, informs its shareholders of the completion in July 2013 (post H1 closing) of the acquisition regarding the land and buildings of the plant located in Valencia (Spain), which Naturex was renting since the acquisition of the Ingredients Division Natraceutical end 2009.

In accordance with the agreement previously concluded in November 2011, Naturex has bought the company Natraceutical Industrial SL (renamed Naturex Industrial SL), whose assets mainly consist of land and buildings on the site of Valencia.

The transaction amounts to 8.5 million euros, to be paid in June 2017.

Naturex is a global leader in speciality plant-based natural ingredients.

The Group is organised around three strategic markets (food & beverage, nutrition & health and personal care) and produces and markets speciality plant-based ingredients for the food, nutraceutical, pharmaceutical and cosmetic industries.

Naturex's head office is based in Avignon. The company employs more than 1,400 people with high-performance manufacturing operations across 15 sites in Europe (France, Italy, Spain, the United Kingdom, Switzerland, Poland) as well as in Morocco, the United States, Brazil, Australia and India. It also has a global presence through a dedicated network of sales offices in 20 countries (France, Italy, Spain, the United Kingdom, Belgium, Germany, Poland, Russia, UAE, Thailand, Japan, China, Korea, Australia, the United States, Canada, Brazil, Mexico, India and South Africa).

Naturex's development is supported by positive underlying trends linked to the fast-growing demand for natural products and its capacity to provide manufacturers customised solutions to meet the requirements of their end consumers. The Group's strength lies in its positioning with specific products which constitute niche markets, supported by strong sourcing capacity and sustained research & development.