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Bakery and baking aids manufacturer Real Good Food has bought ISO2 Nutrition from the administrators of Cre-8tive Health Ltd for a nominal amount, according to an article in New Food Magazine.
ISO2 Nutrition, one of the main suppliers within the British sports supplements market, has a portfolio of bodybuilding supplements, whey protein and sports nutrition products, which will be added into Real Good Food’s Garrett Ingredients unit.
Real Good Food’s executive chairman Pieter Totté commented: “We are pleased to announce this acquisition, which is in line with our stated strategy of identifying and adding bolt-on business within our existing three pillars of cake decoration, premium bakery and –in this instance- food ingredients”.
Mr. Totté added: “Garrett´s has a long established relationship with the business and this enables us to enter a new and interesting channel, adding product and portfolio diversification, which is deliberate move, as we decrease Garrett´s dependency on the dairy and sugar commodities markets”.
Source: New Food Magazine
