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Glanbia acquires Watson for $89 million, expands global ingredient sector

Ireland-based Glanbia announced it will acquire Watson Inc., a U.S.-based nondairy ingredient solutions business, for US$89 million. The transaction, announced Feb. 20 during the release of its 2018 financial results, complements Glanbia's Nutritional Solutions business and will help broaden its capabilities in the global ingredients sector.

Glanbia’s portfolio includes proteins, custom nutrient premixes, cheese, bioactives, plant-based nutrition ingredients, flavors, micronutrients and aseptic beverage manufacturing for the food and beverage, sports nutrition, clinical nutrition, infant nutrition, supplements, personal care, and animal nutrition markets.  Watson is a manufacturer and supplier of custom nutrient premix, bakery ingredient, edible film and material conditioning solutions for the nutrition, food and beverage, personal care and supplement industries.

The acquisition extends Glanbia’s nutrient premix ingredient solutions footprint in the United States. Watson’s two micronutrient manufacturing facilities in Connecticut and Illinois join with Glanbia’s two facilities in California and Missouri. The additional manufacturing facilities will provide customers with more flexibility on a global scale with Glanbia’s micronutrient ingredient facilities in Germany and China. The Watson leadership team and more than 300 employees will remain with the Glanbia Nutritionals organization.

 

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