GTC Nutrition Acquires Nurture Inc.
December 11, 2006
DEVON, Pa.—GTC Nutrition (www.GTCnutrition.com) acquired Nurture Inc., the manufacturer of OatVantage® brand ingredients. Recapitalized in 2002 by Striker Investments, Nurture Inc. developed an economic “wet” processing technique for oats that enables utilization of its nutritional and functional component parts in a wide variety of food, beverage and personal care applications.
“Nurture’s oat processing technology, combined with the manufacturing competency and global reach of GTC Nutrition, is a very robust new natural ingredient growth platform,” said H. Griffith Parker, chairman of Nurture Inc. “We look forward to the continued success of this innovative ingredient line in the marketplace thanks to GTC Nutrition’s scientific, technical and marketing expertise.”
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