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COMPANY NEWS |
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21 January, 2011 |
ICV Partners Invests in Ingredients Supplier Stauber ICV Partners (New York/Atlanta) has invested in Stauber Performance Ingredients (Fullerton Calif.), a supplier of value-added ingredients to the dietary supplement industry. Financial terms were not disclosed. Dan Stauber, CEO, and members of the management team will retain a "meaningful ownership interest." Established over 40 years ago, Stauber Performance distributes minerals, herbs, vitamins, amino acids and fruit and vegetable extracts to the food, pharmaceutical, cosmetic and health food industries. It also provides product development and outsourced supply chain management. Ira Moreland, managing director of ICV, said, "We have been evaluating the nutraceutical space for some time and found that Stauber's long history and excellent track record make it a very compelling investment." COPYRIGHT ©2007-2012 Stauber Performance Ingredients, Inc. All rights reserved. |
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