09.01.07
The Solae Company, St. Louis, MO, has completed the acquisition of Cargill’s (Minneapolis, MN) Prolisse isolated soy protein (ISP) product line, including the patented membrane technology for processing ISP. Financial terms were not disclosed. Solae will transition Cargill’s products and technology into an existing plant, thus ensuring reliability of supply. “With this purchase, we gain new technology that will enhance our ability to take new products to market and will allow us to offer more solutions for our customers,” said Solae president and CEO Tony Arnold.