Market Updates

CNI and Bio Serae Become Nexira

The companies of Iranex Group—Colloïdes Naturels International (CNI) and Bio Serae Laboratoires—are officially to become: Nexira, effective November 7. The family-run group, founded in 1895, specializes in acacia gum (also known as gum Arabic) and supplies nutraceutical ingredients and botanical extracts for the food, nutrition and health and wellness industries. The three divisions—Nexira Food, Health and Technology—offer a global expertise from raw materials sourcing and proprietary processing technologies to formulation support. Nexira now offers a wide range of natural ingredients and extracts including emulsifiers, texturizing agents and actives for weight management, antioxidants, joint health and stress relief.

To address worldwide demand, Nexira will invest €5 million between now and 2012 to extend the production capacity of its industrial facilities at Rouen and Serqueux. Nexira is also preparing to invest 5 to 7 million euros in a production plant in India and will strengthen its presence in Africa with a new plant in Ghana. The company is also aiming to match its ambitions with an acquisition in North America in 2012 and another in Europe by 2013.

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