Naturex acquires Hauser and RFI rosemary extract business

March 18, 2004

Naturex, a manufacturer of ingredients for the food, flavor and nutraceutical industries, announced that it has acquired Hauser/RFI's rosemany extract business. Naturex has already been active on the rosemary extracts market and strengthened its position with the acquisition of :

– Colorado based Hauser's manufacturing and application patents (protection of citrus flavors and co-pigmentation of anthocyanin pigments); technology and trademarks (StabilEnhance TM, WSR TM, OSR TM, ColorEnhance TM); and

– New York based RFI's (Rockland Food Ingredients) rosemary business (Customer base and products inventory).

Naturex will offer Hauser/RFI's rosemary extracts through its New York and Califoia locations and sales force, whishing to promote also its other ranges through this new customer base.

CANEC Inteational acted as advisor to Naturex on the Hauser transaction.