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FoodChain ID Acquires French Supplements Consultancy Nutraveris
Tuesday 04 August 2020

US-based food industry-focussed platform FoodChain ID has acquired France-based Nutraveris, a provider of technology and scientific and regulatory expertise to build global profile, domain expertise and Agri-food industry leadership, the company said.

Terms of the transaction were not disclosed.

Nutraveris helps manufacturers and marketers more efficiently create and launch dietary supplements through its Nutraveris OnLine AI-based platforms.

Nutraveris adds scale to FoodChain ID's business in the good-for-you sector, while expanding the company's targeted portfolio through new technology-enabled supply chain compliance and claim verification services.

The FoodChain ID Group, a Paine Schwartz Partners, LLC portfolio company, is a platform dedicated to providing technology enabled food safety, quality, and sustainability solutions is located across North and South America, Europe and Asia

Nutraveris is a scientific and regulatory affairs consultancy and technology software provider in Europe, covering the health, nutrition, and supplements markets.

It supports and advises Agri-food, pharmaceutical, personal care, ingredient, and nutraceutical companies to reach full market approval of their supplements, ingredients and health products.
Date Published: 04/08/2020