Kerry to expand ingredients portifolio with acquisition of Spain’s Biosearch Life

IRELAND – Kerry Group has announced its intention to acquire Biosearch Life, a Spanish company that sells probiotic products made from human breast milk, for a total consideration of €126.94 million (about US$153.14 million). Based in Granada, Biosearch Life operates in the pharmaceutical, nutraceutical and functional food sectors and has over 150 employees. The Spanish biotechnology company offers a range of products in three primary areas: omega-3 fatty acids, botanical extracts and probiotics (with many obtained from human breast milk) under the respective brands, Eupoly-3, Exxentia and Hereditum. Biosearch Life’s…

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