Market Updates

CoreFX Ingredients Acquires Connoils

CoreFX’s acquisition of the delivery technology specialist will expand the company’s portfolio and development capabilities.

Ingredient supplier CoreFX has acquired Connoils, a boutique nutritional technology company that specializes in powder delivery systems and specialty oil distribution.
 
The acquisition will expand CoreFX’s technical capabilities, expertise, and, eventually, its portfolio of ingredients.
 
According to the company, acquiring Connoils will enable CoreFX to “double down on its customer-first philosophy,” while driving innovation in the market and improving 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 of CoreFX. “The acquisition of Connoils is a perfect complement to our business, elevates our powder-delivery systems through a novel encapsulation technology, and is an important next step in the continued growth of our health through nutrition platform.”
 
Connoils’ technology can preserve the nutritional value of ingredients through an advanced process which minimizes heat during the transformation of an active ingredient into a powder. This method protects active compounds and maximizes potency.

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