Martin Bauer Group announces the Acquisition of BI Nutraceuticals
The Martin Bauer Group is excited to announce the acquisition of BI Nutraceuticals, a leading full-service manufacturer and supplier of plant-based ingredients in the United States. The acquisition creates an extensive portfolio of botanical ingredients and a versatile manufacturing hub servicing the U.S. Tea, Beverage, Food and Dietary Supplements industries.
The investment in BI Nutraceuticals will build on Martin Bauer Group’s local capabilities including R&D, formulations and manufacturing, in support of the Group’s strategy to foster accelerated growth in North America. A distinction of Martin Bauer Group’s portfolio is the responsible and vastly diversified sourcing of raw materials, with quality standards and controls in place starting at source and continuing throughout the procurement and manufacturing processes. “The addition of BI Nutraceuticals to our Group buttresses our commitment to reliable, quality, safe and clean label raw materials, meeting an increasing demand from our customers and consumers,” stated Ennio Ranaboldo, CEO of Martin Bauer Group in North America. The two companies will continue to operate independently, and further communications will be issued to ensure seamless integration both internally and for all customers.
“We are thrilled to be a part of the nature network® and the Martin Bauer Group,” said George Pontiakos, President and CEO of BI Nutraceuticals. “This represents a significant move forward for us and our combined customer base. The Martin Bauer Group is a family-owned international company with a long history as a manufacturer and supplier of teas, extracts and botanical products going back more than 135 years. BI Nutraceuticals will now have access to the global resources of the Martin Bauer Group in the areas of raw materials sourcing, processing technology, liquid extract production and research and development. As part of the Martin Bauer Group, we become a true single source solution provider. Our customers can be even more confident in our long-standing commitment to safety, quality, service and innovation.”