Transaction strengthens Glanbia's capability set with microencapsulation, agglomeration, micronising, spray drying and edible film technologies
Glanbia Nutritionals has agreed to acquire Watson, a US-based manufacturer and supplier of custom ingredients solutions. Watson's product line serves the nutrition, food and beverage, personal care and supplement industries. NBR understands Glanbia has agreed to pay US$89 million for the company.
The transaction, Glanbia said, strengthens its capability set with microencapsulation, agglomeration, micronising, spray drying and edible film technologies.
Watson is a third-generation family business with an 80-year history of providing exceptional quality, capability and service to its customers. Headquartered in Connecticut, Watson specialises in nutrient premix, bakery ingredient, edible film and material conditioning solutions.
“We are excited to welcome the 300 employees of Watson with their established reputation of expertise, technical capability and commitment to excellence,” said Brian Phelan, CEO of Glanbia Nutritionals. “The customers of both organisations will stand to benefit significantly from the combined capabilities that the two teams now bring together," he added.
For Glanbia, the knowledge and experience of the combined R&D teams will cement its position as a leader in the sector, with the enhanced ability to create superior premix solutions that address the complex formulation requirements of today’s increasingly sophisticated applications.
Glanbia Nutritionals’ custom nutrient premix production footprint now extends coast to coast in the US with facilities in California, Missouri, Illinois, and Connecticut to better serve customers across the region.
A wholly-owned subsidiary of Ireland's Glanbia plc, Glanbia Nutritionals' US presence is supplemented by facilities in Germany and China to provide global scale and solutions to our customers.