Kerry Group acquires Spanish biotech firm in ingredients push

Biosearch will be integrated into Kerry’s global ProActive Health platform of ‘science-backed’ branded ingredients, expanding the group’s reach into the healthy aging, joint health and digestive health sectors of functional food ingredients.

Commenting on the deal, Kerry president of Applied Health & Nutrition Neil Cracknell said: “Our acquisition of Biosearch Life is aligned with our strategic priorities to expand our branded, science backed ingredient portfolio, as well as developing our dietary supplement capabilities and market offering.

Extending Kerry’s offering

“Biosearch Life extends our probiotics offering with the addition of the science-backed Hereditum® strains and further broadens our portfolio with the Exxentia® range of functional botanical extracts and Eupoly-3® natural Omega-3 oils.”

Based in Grenada, Spain, Biosearch Life manufactures and distributes functional ingredients including probiotics, along with an extensive portfolio of science-backed botanical extracts and ‘ultra-purified’ omega-3 oils. 

“These market-leading technologies allow us to address new health need states, enhance our credibility and leadership in science-backed branded actives and supports our ambition to be a leader in sustainable nutrition solutions,” ​Cracknell added.

Focus on ingredients

The finalisation of the Biosearch deal comes less than a month after Kerry reached an agreement to sell its meats and meals business in the UK and Ireland​ to Pilgrim’s Pride for £704m.