CHS Moves Away From Isoflavones, Sells Solgen

635634801296576746soy heart.jpg

01 Apr 2015 --- Just three years after purchasing the Israeli soy protein firm, CHS, North America’s leading farmer-owned cooperative and a global energy, grains and foods company, announced it has sold Solgen isoflavone brand and related business to Tradichem S.L., Madrid, Spain.

Tradichem’s core business is the development and supply of pharmaceutical and nutraceutical ingredients. The transaction includes all CHS isoflavone inventory, the Solgen brand name and customer list, technology related to the product and the Solgen European Drug Master File.

“CHS recently ceased production of food-grade soy ingredients at its Ashdod, Israel, plant, and will no longer manufacture isoflavones,” said Tom Malecha, CHS vice president, Processing and Food Ingredients. “In addition to acquiring the Solgen inventory and related business assets, Tradichem will also assume all liabilities related to the former CHS isoflavone manufacturing, supply and distribution.”

Jose Angel Marañón, PhD., Tradichem executive director and director of research and development, said that Tradichem has been the CHS distributor of Solgen products for many years; making it a good fit within Tradichem’s portfolio. “We are proud to own the Solgen technology, inventory and brand and look forward to continuing to represent this outstanding product within our business,” said Marañón. 

Tradichem holds exclusive distribution agreements with global pharmaceutical and nutraceutical companies based in Israel, Germany, Switzerland and the US. Tradichem has built a culture of innovation to maximize the business growth, which is driven by initiatives underway at the Tradichem Innovation Center (TIC) laboratory, a research center hosted by Parque Científico de Madrid (PCM). 

To contact our editorial team please email us at editorial@cnsmedia.com

Related Articles

Nutrition & Health News

DSM earmarks €3bn for nutrition acquisitions

22 Jun 2018 --- Royal DSM has set aside about €3 billion to spend on acquisitions to expand its nutrition business and maintain its profit growth, the company announced during its strategy update on Wednesday entitled “Growth & Value - Purpose led, Performance driven” at its Capital Markets Day in London. In the 2018 outlook, DSM reconfirmed it will position itself towards a Nutrition, Health and Sustainable Living company, “pursuing enhanced organic growth, with a purpose-led coherent set of business activities, with value-creating acquisitions predominantly in Nutrition.”

Packaging & Technology News

Danone's baby food brands undergo image and ingredient revamp

22 Jun 2018 --- Danone Early Life Nutrition has revamped both of its baby food brands, Cow & Gate and Aptamil. Cow & Gate is launching fifteen new food recipes across the pouch, cereal, jar and tray product ranges, as well as a complete packaging re-brand across its entire formula milk and food portfolio. Starting from mid-June, the changes will be the “biggest the brand has ever undergone.” Aptamil is also launching a new patented next-generation powder formulation and a complete packaging refresh across its entire range.

Nutrition & Health News

Weekly Digest: Probiotics reduce bone loss in older women, Optibiotix expands reach in Italy

22 Jun 2018 --- This week in nutrition, Australian Whole Grain Week launched a new diet database in the hope to enhance healthy diets across the country. In research news, UK scientists warn that the normalization of plus-size body shapes may undermine obesity reduction efforts, while probiotics were found to have a significant protective effect for the bones of older women, and further research found that four cups of coffee seemed to protect the heart. Optimum Nutrition and Faber embarked on a campaign to improve American travel snacking habits and Optibiotix and Alfasigma partnered to commercialize Optibiotix's probiotic supplement in Italy. Lastly, this year’s Institute of Food Technologist (IFT18) in Chicago, US, will see NZMP launching a new milk protein ingredient and Lycored delivering some excitement on the floor with “culinary art.”

Nutrition & Health News

Personalized nutrition: Mindful and aware consumers drive market opportunity

19 Jun 2018 --- Personalized nutrition has taken its place as a key industry topic, spurring the launch of a number of innovative start-ups using cutting-edge technologies to offer precise nutrition advice to consumers. This growing industry space will be the topic of discussion at the Personalized Nutrition Innovation Summit, which is taking place in San Francisco on June 26-27.

Nutrition & Health News

Gluten-free mainstreams: Is the trend leading to unhealthy weight control?

18 Jun 2018 --- Individuals who value gluten-free foods are more likely to eat a higher quality diet but are also more likely to have unhealthy weight control behaviors. This is according to a new study exploring the sociodemographic and behavioral characteristics of young adults who value gluten-free as an important food claim.

More Articles
URL : http://www.nutritioninsight.com:80/news/CHS-Moves-Away-From-Isoflavones-Sells-Solgen.html