The acquisition gives the German company a boost in the United States market with portfolio of botanical ingredients
Martin Bauer, the German group specialist in herbal products, has announced the acquisition of BI Nutraceuticals, a full-service manufacturer and supplier of plant-based ingredients in the United States.
The acquisition creates an extensive portfolio of botanical ingredients and a versatile manufacturing hub servicing the US tea, beverage, food and dietary supplements industries.
The investment in BI Nutraceuticals will build on the group's local capabilities including R&D, formulations and manufacturing. The acquired company joins Martin Bauer's strategy to foster accelerated growth in North America.
A distinction of Martin Bauer Group’s portfolio is the responsible and vastly diversified sourcing of raw materials, with quality standards and controls in place starting at source and continuing throughout the procurement and manufacturing processes.
Ennio Ranaboldo, CEO of Martin Bauer Group in North America, said the addition of BI Nutraceuticals to the group bolsters "its commitment to reliable, quality, safe and clean label raw materials, meeting increasing demand from our customers and consumers".
The two companies will continue to operate independently, and further communications will be issued to ensure seamless integration both internally and for all customers.
“We are thrilled to be a part of the nature network and the Martin Bauer Group,” said George Pontiakos, President and CEO of BI Nutraceuticals.
For Pontiakos, the deal represents a significant move forward for the company and its combined customer base. "The Martin Bauer Group is a family-owned international company with a long history as a manufacturer and supplier of teas, extracts and botanical products going back more than 135 years.
"BI Nutraceuticals will now have access to the global resources of the Martin Bauer Group in the areas of raw materials sourcing, processing technology, liquid extract production and research and development," he said.
As part of the Martin Bauer Group, BI Nutraceuticals becomes a true single-source solution provider. "Our customers can be even more confident in our long-standing commitment to safety, quality, service and innovation," Pontiakos concluded.
Since 1930, the Martin Bauer Group has been a specialist in botanical products worldwide. The Bavaria-based company is part of the nature network and employes more than 3,600 people worldwide.
Headquartered in Rancho Dominguez, California, BI Nutraceuticals supplies dietary supplement and functional food ingredients. Its expertise includes whole herb powders and teas, standardised and ratio extracts, custom blends, vitamins, minerals, drum to hopper custom blends, granular ingredients and other speciality processes including time released and encapsulated ingredients.
With more than 200 ingredients in its portfolio, BI Nutraceuticals has developed proprietary processes. In 2002, BI pioneered a steam sterilization process. Known as Protexx HP Green Steam, BI's technology is the industry’s only species-specific, organic sterilisation method.