Martin Bauer Group Buys U.S. Firm BI Nutraceuticals
March 26, 2019
German botanical products company Martin Bauer Group is expanding its presence in the United States with the acquisition of California-based manufacturer BI Nutraceuticals, an announcement said Tuesday.
“The addition of BI Nutraceuticals to our group buttresses our commitment to reliable, quality, safe, and clean label raw materials, meeting an increasing demand from our customers and consumers,” Ennio Ranaboldo, chief executive officer of Martin Bauer Group in North America, said in a company press release.
Based in California, BI Nutraceuticals produces plant-based ingredients, including powders, extracts, and vitamin mineral premixes, that are used in food and beverage, dietary supplement, personal care and pet care products.
In addition to expanding its existing portfolio of botanical products, Martin Bauer Group also is gaining a U.S. manufacturing hub capable of serving the domestic tea, beverage, food, and dietary supplement industries.
“BI Nutraceuticals will now have access to the global resources of the Martin Bauer Group in the areas of raw material sourcing, processing technology, liquid extract production, and research and development,” the U.S. firm’s chief executive officer and president, George Pontiakos said in in the release. “As part of the Martin Bauer Group, we become a true single source solution provider.”
The U.S.-based company currently operates two manufacturing facilities and a food and beverage applications laboratory, according to its website.
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