Naturex Shareholders Approve Natraceutical Integration
This approval constituted the final step in the acquisition of the division which was consolidated within Naturex on December 31, 2009.
4 Jan 2010 --- The Joint General Meeting of Naturex shareholders (December 30, 2009 ) has voted by a very large majority to approve the planned merger of the Ingredients Division of Natraceutical Group. This approval constituted the final step in the acquisition of the division which was consolidated within Naturex on December 31, 2009.
Following the merger, Naturex will become the world leading independent company of natural speciality ingredients.
Moreover, the transaction will further strengthen the group’s production sites (France, Spain, Italy, United Kingdom, Switzerland, Morocco, United States, Brazil and Australia) and give it a more balanced geographical coverage (50% in Europe, 34% in the United States and 16% in Asia and the rest of the world).
Naturex will publish its yearly revenues for 2009 on January 29, after the close of the markets.