RFI Acquires Graymor Chemical Co.
November 10, 2011
BLAUVELT, N.Y.RFI Ingredients acquired the Graymor Chemical Company, a global bulk supplier of nutraceutical, pharmaceutical and vitamin ingredients, and hired Graymors director of national sales, Malcolm Greenberg, as RFIs commodity sales manager to facilitate the merging of the two businesses.
RFI expects Greenbergs experience with Graymors global raw material procurement, marketing expertise and customer relationships will help RFI and Graymor during the transition and will also help RFIs customers benefit from the newly integrated product portfolio.
Graymors product range is the perfect complement to our current ingredient platform," said Jeff Wuagneux, RFIs president and CEO, and with the addition of Malcolm to our team, we are now in a great position to strengthen RFIs vertically-integrated business model. Incorporating Graymors product line into the existing RFI portfolio will further expand RFIs ability to control raw materials, thus growing the RFI platform while maintaining complete vertical integration. The assimilation of Graymors product line will contribute significantly to our turnkey manufacturing capabilities, resulting in improved cost-effectiveness and better lead times," he said.
For more than 45 years, Graymor has supplied the dietary supplement and pharmaceutical industries with high-quality ingredients as well as provided technical support and regulatory assistance. Graymor is headquartered in Union, NJ, with an Asian office in Shanghai, China.
RFI develops and markets natural, organic and science-driven ingredients; formulas; and finished products for the dietary supplement, food and beverage industries. The vertically-integrated company was formed in 1989. RFI recently expanded by opening an office in the UK.
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