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Naturex (Avignon, France) has announced the acquisition of the Italian company HP Botanicals (Milan). Naturex is a supplier of plant extracts and has recently acquired the Milan-based company Hammer Pharma. HP Botanicals specializes in the formulation and sales of plant extracts for the nutraceutical industry.
Of the acquisition, Naturex president and CEO Jacques Dikansky said, “The combination of both companies will enable us to be closer to our current Italian clients and to expand into this market, strategic at the European level.”