NATUREX acquires HP BOTANICALS

Naturex announces today the acquisition of the Italian company HP Botanicals. Heaquartered in Avignon (France), Naturex is one of the largest suppliers of plant extracts worldwide, and has recently acquired the Milano based company Hammer Pharma. Also based in Milan, HP Botanicals is specialized in the formulation and sales of plant extracts for the nutraceutical industry.

Naturex and HP Botanicals have complementary strengths: the international dimension of Naturex on the one hand, and on the other, HP Botanicals’ local expertise in the Italian nutraceutical market.

Jacques Dikansky, President and C.E.O of Naturex declared, “The combination of both companies will enable us to be closer to our current Italian clients and to expand into this market, strategic at the European level."

Moreover, a high degree of synergy exists between the companies, in particular, with the merge of their longstanding experience and know-how in formulation. Alfredo Fachini, Managing Director of HP Botanicals declared, “Becoming part of the Naturex Group allows HP botanicals to become a very strong supplier for the nutraceutical Italian Market.”

About our company
Headquartered in Avignon (France), Naturex is one of the largest suppliers of plant extracts worldwide. Naturex offers extracts for the Food, Nutraceutical, Cosmetic and Pharmaceutical industries. Naturex has facilities in Milan, France, Morocco, the United States (East and West coasts) and sales offices in Singapore and Oxford. www.naturex.com

NATUREX has been listed in Paris since October 1996 - Eurolist B
FR0000054694  - Reuters NATU.PA – Bloomberg NTRX

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