15 Mar 2021 --- Novax AB, a Swedish investment company, has acquired a majority stake in UK-based clean label food ingredients specialist Ulrick & Short. The transaction will see Ulrick & Short continue to operate as a standalone business, with its founders Adrian Short and Andrew Ulrick staying on as minority shareholders and the existing management team remaining in place. The acquisition of Ulrick & Short marks Novax’s continued commitment to the sustainable development of the future of food.