Archives for November 27, 2012

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Neptune to outsource production as part of recovery plan

By Hank Schultz

Neptune Technologies and Bioressources has announced a plan to recover from an explosion and fire at its processing plant in Sherbrooke, Quebec that put a halt to production of  the company’s krill oil products.

NBTY acquires Balance Bar Company

By Hank Schultz

NBTY Inc. has announced the acquisition of Balance Bar Company from Brynwood Partners, its private equity owner. Details of the deal were not announced.

NEWS IN BRIEF

Exports and overseas growth drive Volac profits

By Mark Astley

Dairy nutrition firm Volac has reported an operating profit increase of nearly 40% for the year ending February 2012, citing the impact of increased exports and improved profits from overseas operations.