CoreFX acquires Connoils, expanding its portfolio of novel delivery systems
CoreFX Ingredients LLC has announced the acquisition of Connoils LLC, a boutique nutritional technology company that specializes in powder delivery systems and specialty oil distribution.
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CoreFX Ingredients LLC (Evanston, IL) has announced the acquisition of Connoils LLC, a boutique nutritional technology company that specializes in powder delivery systems and specialty oil distribution. According to the company, the acquisition will allow CoreFX to expand research and development, and improve its technical resources. For example, the technology acquired from Connoils can preserve nutritional value of active ingredients through advanced processes that minimize heat during the transformation of an active into powder. By protecting the active compounds and maximizing potency, CoreFX can deliver high quality, bioavailable ingredient with optimal nutrition.
“I am thrilled to start delivering on our promise of evolving quickly and accelerating the growth of CoreFX to make the world a better place through nutrition,” said Denis Neville CEO at CoreFX, in a press release. “The acquisition of Connoils is a perfect complement to our business, elevates our powder-delivery systems through a novel encapsulation technology, and is an important next step in the continued growth of our Health through Nutrition platform.”
Neville recently acquired a majority stake in CoreFX from the global dairy cooperative, Ornua, who acquired the company in 2016.
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