12.01.05
LycoRed, Natural Products, Beer-Sheva, Israel, has acquired the assets and business of the Buckton Scott Nutrition, Fairfield, NJ, a subsidiary of Buckton Scott Group. The acquisition of Buckton Scott Nutrition’s leading range of dietary supplement ingredients, expands LycoRed Group’s activities in this market where it already plays a major role as market leader with its flagship product, Lyc-O-Mato, natural tomato lycopene complex. In addition to its product line, Buckton Scott Nutrition brings its marketing capability in the U.S. dietary supplement industry to LycoRed. LycoRed Group will benefit from Buckton Scott’s strength in sourcing high quality raw materials for nutritional products. (For more analysis on the acquisition, see this month’s Word From Wall Street column on page 22.)