Canada: Kerry Group to acquire Bio-K Plus

Global food manufacturer Kerry Group has entered into an agreement to acquire Bio-K Plus International, a Canada-based firm that develops, manufactures, and distributes “clinically supported” probiotic fermented beverages and supplements in the North American market.

Kerry Group said the acquisition would expand its portfolio of products orientated to the growing proportion of consumers demanding functional foods, beverages, and supplements made with clinically supported functional ingredients.

Neil Cracknell, President Kerry Applied Health & Nutrition, said: “We are committed to creating a world of sustainable nutrition and this acquisition will support our ambition to reach over two billion people with sustainable nutrition solutions by 2030. Research has shown that consumers are increasingly looking for nutritional benefits when purchasing food and drink and that products which contain probiotics that improve gut health are specifically in demand”.

“Bio-K Plus further expands our portfolio of probiotics with the addition of three science-backed strains as we continue to help enhance the health & wellness of consumers across the globe by having a strong complement of published clinical trials confirming efficacy”, he added.

Source: Food & Drink Business Europe