CoreFX Ingredients extends portfolio by acquiring Connoils

Published: 29-May-2024

The acquisition will enhance CoreFX's current powder delivery systems through Connoils' solutions and expertise

CoreFX Ingredients, a nutraceutical ingredients company, has acquired the manufacturing assets of Connoils, a boutique nutritional technology company specialising in powder delivery systems and specialty oil distribution.

The strategic acquisition further expands CoreFX’s technical capabilities and expertise, and will enable CoreFX to expand R&D efforts, as well as enhancing its technical resources. It will aim to drive innovation in the market, whilst prioritising customer satisfaction.

“I am thrilled to start delivering on our promise of evolving quickly and accelerating the growth of CoreFX to make the world a better place through nutrition, said Denis Neville, CEO at CoreFX. “The acquisition of Connoils is a perfect complement to our business, allowing us to elevate our powder-delivery systems through a novel encapsulation technology.”

The newly acquired technology will preserve the nutritional value of active nutrients using an advanced process that minimises heat during the transformation of the active into powder. This method protects the active compounds and maximises potency, delivering high quality,
bioavailable ingredients for optimal nutritional integrity.

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