Network Nutrition, a Sydney-headquartered distributor of botanical, nutritional and plant enzyme based raw materials, will join the IMCD Group. The integration of the Network Nutrition and IMCD businesses, along with the recent acquisition of Capitol Ingredients Australia, will amount to the largest specialised natural ingredients provider in the region. All Network Nutrition products will continue under the same brand names whilst employees will transfer to IMCD Australia and New Zealand.
“We are thrilled to merge with a fantastic company like Network Nutrition,” said René den Hertog, Managing Director, IMCD Australia and New Zealand. “The IMCD operation will extend the reach of the Network Nutrition range in key target markets like Europe and Asia, where the value proposition they have demonstrated in the Australian and New Zealand market can also be leveraged. By aligning Network Nutrition’s strength in herbal extracts with the breadth of IMCD’s focus in the natural healthcare market, we are perfectly positioned to provide a comprehensive portfolio of products and innovative solutions to the market both here in Australia and New Zealand and internationally.”
Ryan Gorman, Chief Executive Officer, Network Nutrition added that by merging Network Nutrition’s activities into the IMCD structure, the opportunities for growth and development of the existing portfolio are significantly amplified. “This is an important stage in the evolution of our brand and our partner brands. It presents our customers with even greater advantages and benefits.”
EP News Bureau – Mumbai