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Limerick company acquired by Boston health giant Cambrooke Reporter: PLASSEY-based medical nutrition company Nualtra has been acquired by an American giant in that field. Nualtra, founded by Paul Gough, and backed by former Dell executive Sean Corkery, was picked up by Massachusetts-based therapeutic nutrition company Ajinomoto Cambrooke for an undisclosed sum. The firm started life in 2012, and focused on the delivery of nutritional supplements that are most often prescribed by doctors to those suffering malnutrition, such as elderly or cancer patients. Earlier this year, it won a significant contract to supply its weight control product Altralife to the British National Health Service (NHS) as part of a new diet programme for patients with type two diabetes. ....
The company made a profit of almost €1.7m last year. It does not publicly report turnover, which was understood to be about €10m in 2018. Mr Buckley is the former chairman of Independent News & Media, while Mr Corkery is the former chief executive of Actavo. Both are former non-executive directors of Denis O’Brien’s Digicel telecoms firm. Mr Buckley and his family own more than 22pc of Nualtra. Mr Corkery is the chief executive of stock market-listed Irish travel software firm Datalex. He is also Mr Gough’s father-in-law. Mr Corkery owns almost 13pc of Nualtra. Cambrooke, which was acquired by Ajinomoto in 2007, said Nualtra has been the fastest-growing nutrition supplement provider in Ireland and the UK for a number of years. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Ajinomoto Cambrooke, Inc. Continues to Expand Worldwide with the Acquisition of Nualtra Ltd. December 21, 2020 GMT Ajinomoto Cambrooke, Inc. has acquired Ireland-based Nualtra Limited, a medical nutrition company offering life-enhancing oral nutritional supplements. (Photo: Business Wire) Ajinomoto Cambrooke, Inc. has acquired Ireland-based Nualtra Limited, a medical nutrition company offering life-enhancing oral nutritional supplements. (Photo: Business Wire) AYER, Mass. (BUSINESS WIRE) Dec 21, 2020 Ajinomoto Cambrooke, Inc. has acquired Nualtra Limited, a medical nutrition company offering life-enhancing oral nutritional supplements in the UK and Ireland. Cambrooke, a global leader and innovator in therapeutic nutrition for inborn errors of metabolism, ketogenic diet therapy, disease-related malnutrition, and, most recently, severe protein allergy, continues to ....
Pulse Combustion Systems (PCS), a spray drying and pulse combustion dryer manufacturing company in Payson, received an award from Ajinomoto Cambrooke, Inc. (ACI) for drying a component in their medical nutritional products that is helping families worldwide. âWe recognize and deeply thank those outside of ACI who demonstrate a similar commitment to our mission. It may seem a bit dramatic to suggest the connection between Pulse Combustion Systems and ACI was a miracle, but it really was a miracle,â said Howard Lossing, CEO of ACI. âYour teamâs efforts will do more than change the lives of many children and adults, your work will literally save lives.â ....