Nurture, Inc. Announces Acquisition by GTC Nutrition
Recapitalized in 2002 by Striker Investments, Nurture, Inc. pioneered the development of the economic “wet” processing of oat to enable utilization of its nutritional and functional component parts.
07/11/06 Nurture, Inc., a primary manufacturer of high value-added oat derived ingredients, including OatVantage, for dietary supplement, food and personal care markets, announced that the majority of its assets have been acquired by Golden, Colorado-based GTC Nutrition, a leading provider of customized ingredient solutions.
“Nurture, Inc.’s oat processing technology, combined with the manufacturing competency and global reach of GTC Nutrition, is a very robust new natural ingredient growth platform,” said H. Griffith Parker, chairman of Nurture, Inc. “We look forward to the continued success of this innovative ingredient line in the marketplace thanks to GTC Nutrition’s team of scientific, technical and marketing expertise.”
Recapitalized in 2002 by Striker Investments, Nurture, Inc. pioneered the development of the economic “wet” processing of oat to enable utilization of its nutritional and functional component parts in a wide variety of food, beverage and personal care applications not possible through traditional dry milling methods. The company has also supported the development of its products in several clinical studies supporting the cardiovascular and glycemic health benefits of its ingredients. OatVantage has become a leading cardiovascular supplement in thousands of health stores and is sold through out the world.
“By integrating OatVantage into our portfolio we will be able to further our commitment to provide our customers with innovative, customized ingredient solutions for improved health and wellness,” said Patrick Smith, president of GTC Nutrition.
