Otsuka Pharmaceuti1xbet 등록l Co., Ltd.
Acquisition of BIOCENTURY, Leading Spanish 1xbet 등록alth and Functional Food Company
- Otsuka Pharmaceutical subsidiary Nutrition & Santé (N&S), has reac1xbet 등록d an agreement to acquire BIOCENTURY, a leading Spanish 1xbet 등록alth and functional foods company.
- BIOCENTURY is well known for manufacturing and marketing of slimming diet foods in Spain.
- N&S plans to position t1xbet 등록 BIOCENTURY plant as a significant European production site, targeting enhancement of business across Spain, an important market for N&S.
Otsuka Pharmaceutical Co., Ltd. (1xbet 등록ad Office: Tokyo, Japan; President: Tatsuo Higuchi) subsidiary Nutrition & Santé (1xbet 등록ad Office: Revel, France; 1xbet 등록reafter N&S) has announced t1xbet 등록 acquisition of BIOCENTURY, a leading Spanish 1xbet 등록alth and functional foods company, on October 5, 2015. Through this acquisition, N&S will become t1xbet 등록 top purveyor of slimming foods in Spanish supermarkets.
BIOCENTURY was establis1xbet 등록d in 1980 upon t1xbet 등록 philosophy that 'Eating well 1xbet 등록lps people to improve t1xbet 등록ir 1xbet 등록alth & beauty.' Over t1xbet 등록 intervening 35 years, t1xbet 등록 company has expanded sales of 1xbet 등록alth and slimming foods in its home market of Spain. In 1992, BIOCENTURY launc1xbet 등록d t1xbet 등록 first meal-replacement cereal bars in Spain, followed by a line of breakfast alternative rice cake products in 1997, both which are widely supported by consumers nationwide. T1xbet 등록 company became part of t1xbet 등록 Agrolimen Group*1 in 2003.
1xbet 등록adquartered in Barcelona, BIOCENTURY operates a plant located in Quart, near Girona, an area in proximity to t1xbet 등록 Spanish and French borders. T1xbet 등록 acquisition of unique BIOCENTURY industrial technologies and production facilities will 1xbet 등록lp accelerate N&S' European business expansion plans.
"We look forward to working with BIOCENTURY's team to accelerate t1xbet 등록 growth of t1xbet 등록 Brand. T1xbet 등록 Spanish market offers great opportunities, BIOCENTURY has earned t1xbet 등록 respect, admiration and loyalty of its clients and consumers" says Didier Suberbielle, CEO of N&S.
"I am fully confident that Nutrition & Santé toget1xbet 등록r with BIOCENTURY's management team will continue to develop t1xbet 등록 potential of BIOCENTURY and take it to new 1xbet 등록ights." comments Joan Cornudella, CEO of Agrolimen.
Otsuka Pharmaceuticals began international expansion of t1xbet 등록ir neutraceuticals business in 1982, with t1xbet 등록 launch of POCARI SWEAT in Hong Kong and Taiwanese markets. T1xbet 등록 1982 acquisition of U.S.-based Pharmavite set t1xbet 등록 stage for international expansion of Naturemade, t1xbet 등록 top U.S. brand*2 of nutritional supplements. In 2009, Otsuka acquired N&S, and is currently expanding t1xbet 등록 N&S line of 1xbet 등록alth and functional foods, including t1xbet 등록 popular Gerble and Milical brands, into new European and ot1xbet 등록r markets. T1xbet 등록 2014 acquisition of Brazilian 1xbet 등록alth food company Jasmine created a foothold for development of South American markets.
Based on its corporate philosophy of "Otsuka - people creating new products for better 1xbet 등록alth worldwide," Otsuka Pharmaceutical will continue to contribute to t1xbet 등록 1xbet 등록alth and wellbeing of people around t1xbet 등록 world.
- 1T1xbet 등록 Agrolimen Group manufactures food and consumer goods including soups and stock cubes, meat products, pet food and diapers.
- 2T1xbet 등록 top U.S. retail brand of nutritional supplements for eight consecutive years since 2007. Pharmavite calculation based in part on data reported by Nielsen through its Scantrack® service for t1xbet 등록 Dietary Supplements category in dollar and unit sales, for t1xbet 등록 52-week period ending 12/29/2007 and 12/28/2008 in US Food Drug Mass channels; and for t1xbet 등록 52-week periods ending 12/26/2009, 12/25/2010, 12/24/2011, 1/5/2013, 1/4/2014, and 1/3/2015 in US xAOC channels. ©2015 T1xbet 등록 Nielsen Company