Previously part of BASF’s Nutrition & Health division, the acquired business includes food performance ingredients, such as whipping agents, emulsifiers and fat powders, and health ingredients, such as plant sterol esters, conjugated linoleic acid and omega-3 oils.
The deal also includes a production site in Illertissen, Germany, three application labs outside of Germany, and around 300 employees, who have transferred to LDC.
“By focusing on vitamins and carotenoids, we are reinforcing our strategic direction toward vital nutrition ingredients for both human and animal nutrition,” Daniela Calleri, Senior Vice President Nutrition Ingredients at BASF, said in a press statement. “We are committed to meeting market demand for high-quality ingredients and ensuring reliable supply for our customers worldwide.”
Financial terms were not disclosed.