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... glaxosmithkline (gsk) has bought uk functional food firm maxinutrition for around £162m, to secure a presence in the protein-based sports nutrition market ... gsk describes maxinutrition as europe’s largest sports nutrition company by market share: it has achieved sales growth of around 21% over the last three years, and sales of around £36m for 2009/10 ... consumer healthcare president, gsk, john clarke said: “this deal will give gsk a strong presence in the fast developing protein-based sports nutrition market, appealing across a broad spectrum of consumers, from elite athletes to sports participants and those seeking additional nutritional supplementation ... ” peter boddy, ceo, maxinutrition ceo peter boddy said: “maxinutrition is a fast growing, focused sports nutrition business with excellent growth prospects and a strong management team – it’s a natural fit for gsk ... ” maxinutrition has been revamping its product range to cater for more mainstream appeal within the sports nutrition category, and recent product launches include finesse active nutrient and antioxidant tablets for women that incorporate functional cherry extracts

... although viewed as a promotional event aimed at the mainstream consumer, leading nutrition company novus international believes that it has a role to play in voicing out the quality egg message to its peers in the industry ... of course, novus’ animal nutrition products contribute greatly toward better egg quality ... the company, which is increasing its physical presence in this large area, is attempting to kick-start various production initiatives by sharing its technical knowhow and by assisting farmers in their projects with a view to encourage local production ... today, the company has several representatives in the region, mostly in east africa, where it also has a sales office ... if you improve nutrition, people will have different lifestyles and be more cognitive ... gasperoni is seeing signs of change in east africa, where his company is present ... “there are signs that the citizens of these regions are beginning to realize that good nutrition will lead to long term benefits although this goes against the short term financial gains

... the nutrition company claims that ensure muscle health shakes offer its proprietary ingredient, revigor, a source of hmb (beta-hydroxy-beta-methylbutyrate, an amino-acid metabolite), and 13gm of protein to help rebuild muscle and strength ... the company further claims that both new ensure shakes are a good source of 24 essential vitamins and minerals and are low in saturated fat and cholesterol ... abbott divisional vice president global r&d and scientific affairs rob miller said that the company has used its expertise with hmb, the ingredient that has been clinically shown to support muscle mass and functionality in healthy, exercising adults

... 1bn buy-out of cognis is driven by interest in all of the german company’s three divisions – personal care, household chemical and human nutrition – but although human nutrition is the smallest part of the acquired operation, it was vital to the deal’s success ... a basf spokesperson said, “all three are important” in the acquisition that is expected to cost about €200-250m in integration costs and added: “basf is already in nutrition but it is mainly animal nutrition – we are not so much in human nutrition ... ” german-based market analyst, nobert bath, from west lb, said that the importance of the human nutrition division to basf, “should not be neglected” along with the natural sourcing of some of its raw materials and its sustainability initiatives ... ” paraag amin, credit suisse chemical specialist stated: “the move to broaden its foothold in human nutrition also serves to compliment the company’s position in animal nutrition, where it is already one of the leading players in the world ... ” functional ingredients powerhouse bath said the merged group would move it from sixth to third biggest functional nutrition company in the world ... 58bn in revenues last year – giving the new company combined sales of €5

... groupe danone expects to conclude its acquisition of nutrition company numico in the first half of november, the two companies said today, setting a timetable for the french group's bid to lead the field in health and nutrition ... the french company made a proposal to acquire the baby food company for €55 per ordinary share in cash on july 9, amounting to a total of €12 ... the move is expected to propel it into a top three spot in major markets for nutrition and infant products ... it will hold 100 per cent of the specialised nutrition company - which holds a leading position in baby food and clinical nutrition - when the deal is closed ... danone has said its focus will remain on dairy, which is expected to account for 51 per cent of sales, beverages 27 per cent share, and nutrition, the new "third pillar", 22 per cent ... danone's chairman franck riboud said in july that acquiring numico would allow the company to move ahead of its rivals within the competitive marketplace ... "the combination of the two groups will create a unique food company - the one with the clearest and most powerful health positioning in the world," he said ... for instance nestle, the world's largest food company, has had a nutrition division for a number of years and an on-going programme of research which involves partnering with ingredients firms and research institutes to develop new nutrition technologies ... as for groupe danone's rationale in taking the health and nutrition route, riboud cited an ageing population, growing awareness of the importance of nutrition to health, and the rising costs of medical care as key factors that would continue to drive consumer demand for healthier products in developed markets

... 3bn offer for nutrition group numico in a bid to dominate the growing market for high margin, added-value products ... netherlands-based royal numico specialises in baby food and clinical nutrition products under the brand names nutricia, milupa, cow & gate and dumex, among others ... the company employs about 13,000 people ... the company also wants to target high growth markets in which it can be a dominant player to offset rising commodity and input costs ... 3bn danone's chairman franck riboud said acquiring numico would allow the company to move ahead of its rivals within the competitive marketplace ... "the combination of the two groups will create a unique food company - the one with the clearest and most powerful health positioning in the world," he stated ... " riboud said the capture of numico would allow it to cement its position as predominantly, a health and nutrition company ... danone expects the acquisition would give it at least a top three presence in some of the world's largest markets for nutrition and infant based products ... riboud cited an ageing population, growing awareness of the importance of nutrition to health, and the rising costs of medical care, as the key factors that would continue to drive consumer demand for healthier products in developed markets ... once the numico purchase is completed, dairy will account for 51 per cent of the company's sales ... nutrition will account for another 22 per cent, just behind beverages with a 27 per cent share ... besides sharpening its focus on nutrition, danone would also increase its presence within the infant food market, where it has a limited presence ... numico also has a strong portfolio in the fledgling market for healthcare nutrition, which danone added it would also move to exploit

... nutrition research company clover corp said that sales for the september quarter were up 53 per cent but its cash burn rate had failed to slow down ... clover's chairman hamish drummond said at the company's annual general meeting he had been optimistic about the food and nutrition group's growth before the september 11 terrorist attacks on the us

... valorex, an animal nutrition company providing the flaxseed-enriched animal feed, created the bleu blanc coeur association, along with its logo, to promote the use of flaxseed and to guarantee that products come from animals fed with flaxseeds

... , a us nutrition company, announced this week the launch of a new sports nutrition product ... the company added in a statement that this is achieved because of a 4-1 ratio of carbohydrate to protein in the drink that increases the movement of carbohydrate from the blood into the muscle during exercise