Glanbia Acquires Aseptic Solutions.

MONROE, Wis.Glanbia acquired Aseptic Solutions Inc. (ASI) for a total consideration of $60 million. The acquisition is funded through Glanbia's existing banking facilities.

ASI was founded in 2004 and is a manufacturer and co-packer of nutritional and dietary beverages including vitamin shots, protein shakes and 100-percent natural fruit juices. The business operates from a state-of-the-art facility in Corona, CA., and employs 175 people. Its technology is designed to manufacture a better tasting and longer lasting product, and allows the processing and packaging of liquid foods to be safe, fresh and flavorful without the use of preservatives, serving customers in both the retail and multi-level marketing sectors.

The acquisition of ASI is aligned with Glanbias nutritionals growth strategy and will strengthen Glanbia by expanding its end-to-end solutions capability as an ingredients supplier, formulator and end product manufacturer. Aseptic Solutions capability is focused on key high-growth trends in nutritional markets for sustainable, natural foods with nutrient integrity. The acquisition enhances the Glanbia portfolio by complementing and enhancing existing ingredient solution capabilities.

In January, Glanbia signed a deal with ChromaDex Corp. to be the primary North American distributer of the company's pTeroPure antioxidant compound.