IMCD and Network Nutrition join forces in Australia and NZ
IMCD and Network Nutrition join forces in Australia and New Zealand
ROTTERDAM, The Netherlands (16 September, 2013) – IMCD Group B.V. is delighted to announce that effective from 1st October 2013 Network Nutrition, a Sydney headquartered leading distributor of botanical, nutritional and plant enzyme based raw materials, will be joining the Group. The integration of the Network Nutrition and IMCD businesses, along with the recent acquisition of Capitol Ingredients Australia, will amount to the largest specialised natural ingredients provider in the region.
With shared business philosophies, IMCD and Network Nutrition are confident that the development will significantly benefit their customers and suppliers. “We are thrilled to merge with a fantastic company like Network Nutrition,” said René den Hertog, Managing Director IMCD Australia & New Zealand. “The IMCD operation will extend the reach of the Network Nutrition range in key target markets like Europe and Asia, where the value proposition they have demonstrated in the Australian & New Zealand market can also be leveraged. By aligning Network Nutrition’s strength in herbal extracts with the breadth of IMCD’s focus in the natural healthcare market, we are perfectly positioned to provide a comprehensive portfolio of products and innovative solutions to the market both here in Australia & New Zealand and internationally.”
Ryan Gorman, CEO, Network Nutrition added that by merging Network Nutrition’s activities into the IMCD structure, the opportunities for growth and development of the existing portfolio are significantly amplified. “This is an important stage in the evolution of our brand and our partner brands. It presents our customers with even greater advantages and benefits.”
All Network Nutrition products will continue under the same brand names whilst employees will transfer to IMCD Australia & New Zealand. The two companies are committed to making the transition completely seamless, and are excited to deliver on the ambitions of the new and improved natural healthcare business unit.