(Boursier.com) — Berkem Group climbed 3.2% to 6.20 euros on Friday, while the reference player in plant chemistry announced the completion of the acquisition of i.Bioceuticals Inc, leader in the exclusive North American distribution of nutritional ingredients from Dutch INC (International Nutrition Company), from INC.
i.Bioceuticals is the exclusive North American distributor of natural compounds derived from grape seeds and pine bark from the Dutch group INC, supplying specific compositions of OPC1. These compounds are recognized for their significant health benefits, particularly for the eyes, the skin, and even the vascular and immune systems.
“The group has historically demonstrated its ability to integrate targeted acquisitions and intends to accelerate this strategy with larger targets, internationally and in related markets” commented Portzamparc who underlined that “this acquisition will allow it both to distribute directly in North America its complete range of antioxidant active ingredients and to expand its biosourced offer to the booming Nutraceutical market Pending company contact, we confirm our ‘Buy’ opinion by targeting a price of 8 euros” concludes the analyst.
©2023 Boursier.com