Glanbia Nutritionals acquires two companies to expand its bioactive and healthy snacking solution capabilities

Glanbia Nutritionals

Glanbia Nutritionals has acquired Sterling Technology, a US-based leading manufacturer of dairy bioactive solutions derived from bovine colostrum, for $60 million plus deferred consideration.

Colostrum is an ingredient used in the growing immunity and gut health segments of the health and wellness market. It is well established in multiple markets, in particular Asia markets with a focus on pediatric and medical nutrition, dietary supplements and sports nutrition.

“The acquisition of Sterling Technology enhances our bioactive solutions portfolio to support our customers’ needs and growth ambitions,” said Glanbia Nutritionals CEO Brian Phelan. “We are excited to bring on board the Sterling team and their expertise with this highly beneficial ingredient.”

Founded in 1987, the South Dakota based Sterling Technology employs approximately 60 employees.

In recent months Glanbia Nutritionals also acquired PacMoore Processing Technologies, based in Mooresville, Ind., as well as its R&D facility in Gridley, Ill., for $53 million.

PacMoore Processing Technologies specializes in extrusion, spray-drying and blending. The addition of these technologies will strengthen Glanbia Nutritionals’ ability to support its customers in the healthy snacking and related nutrition segments. In addition, the knowledge and experience of the combined teams will further enhance its ability to deliver optimized ingredient systems.

Glanbia Nutritionals is a $3.4 billion [€2.89 billion] nutrition solutions and cheese business with more than 3,200 employees and a presence in 19 countries. Its proteins, custom premix solutions, cheese, bioactive ingredients, plant-based solutions, flavors, micronutrients, bakery ingredients, functionally optimized nutrients and edible films are sold in over 130 countries worldwide into sports nutrition, healthy lifestyle nutrition, mainstream food and beverage, clinical nutrition, infant nutrition, personal care and animal nutrition markets. For more information, visit www.glanbianutritionals.com.

Glanbia Nutritionals is a wholly owned business of Glanbia plc, a global nutrition company, whose purpose is to deliver better nutrition for every step of life’s journey.

Glanbia plc has deep roots in the dairy industry and has become the world’s leading producer and marketer of quality performance nutrition products supporting active lifestyles. Its success as a global provider of innovative nutritional solutions is supported by significant investment in research and development.

With wholly owned revenues of €4.2 billion in 2021, 6,000 employees, a presence in 32 countries worldwide, and sales in over 100 countries, Glanbia’s vision is to be one of the world’s top performing nutrition companies, trusted to enrich lives every day. For further information on Glanbia, visit www.glanbia.com





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