08.02.12
Innophos Holdings, Inc., Cranbury, NJ, international producer of performance-critical and nutritional specialty ingredients, has announced that it had completed the acquisition of AMT Labs, Inc., North Salt Lake, UT. AMT has been manufacturing custom ingredients for the food, beverage, confectionary and nutraceutical industries for more than 20 years. AMT specializes in bioavailable, easily digested mineral ingredients that are manufactured in various forms, including chelates. AMT is highly complementary to the Kelatron business acquired by Innophos in November 2011. The combined businesses of Kelatron and AMT make Innophos a leader in high growth U.S. bioactive mineral ingredients, with annualized revenues approximating $30 million.
