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India-based EID Parry Ltd has acquired a 48% stake in US Nutraceuticals, Eustis, FL, which conducts business in the nutraceutical market under the name Valensa International.
By: Sean Moloughney
November 24, 2008
India-based EID Parry Ltd has acquired a 48% stake in US Nutraceuticals, Eustis, FL, which conducts business in the nutraceutical market under the name Valensa International. EID Parry, a manufacturer and exporter of certified organic spirulina and carotenoids, will manage the company jointly with the existing professionals. EID Parry is also in the process of setting up a Life Sciences Division for developing novel formulations to address various lifestyle diseases. A key player in the global astaxanthin market, Valensa International is a science-based developer, formulator and provider of naturally sourced products for the dietary supplement and functional foods industry.
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