The IMCD Group has announced it'll be joining forces with Network Nutrition, a Sydney-based distributor of botanical, nutritional and plant enzyme-based raw materials, as of 1 October.
Adding to this, the IMCD Group, a global company specialising in the sales, marketing and distribution of specialty chemicals and food ingredients, recently acquired Capitol Ingredients Australia, making it one of the largest specialised natural ingredients providers.
IMCD managing director, Rene den Hertog, said IMCD and Network Nutrition are both confident the integration will benefit their suppliers and customers.
"The IMCD operation will extend the reach of the Network Nutrition range in key target markets like Europe and Asia, where the value proposition they have demonstrated in the Australian and New Zealand market can also be leveraged.
"By aligning Network Nutrition’s strength in herbal extracts with the breadth of IMCD’s focus in the natural healthcare market, we are perfectly positioned to provide a comprehensive portfolio of products and innovative solutions to the market both here in Australia and New Zealand and internationally," den Hertog said.
Ryan Gorman, CEO, Network Nutrition added that by merging Network Nutrition’s activities into the IMCD structure, the opportunities for growth and development are considerable. "This is an important stage in the evolution of our brand and our partner brands. It presents our customers with even greater advantages and benefits," he said.
All Network Nutrition products will continue under the same brand names whilst employees will transfer to IMCD Australia and New Zealand.