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Business consolidation, battling stalling economies and the belated activation of the dreaded (by most) EU health claims register – these are just a few issues that have defined the 2012 EU nutra space. French firm Nexira joined the acquisition frenzy led by the likes of DSM, BASF, Naturex by buying fellow French extracts firm Tournay Biotechnologies for undisclosed amount in October. Nexira president Stéphane Dondain told us Tournay’s complementary range of cranberry, other fruit, soy, rice and herbal extracts (many organic), along with its state-of-the-art production facility near Bordeaux, had made it the number one target in a months-long process. Tournay’s David Tournay said the EU’s health claim laws were making it too hard for small companies. “Nexira have big regulatory and marketing teams so it is better to join the bigger group and not be a small fish in the tank,” he said. |
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Business consolidation, battling stalling economies and the belated activation of the dreaded (by most) EU health claims register – these are just a few issues that have defined the 2012 EU nutra space.
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