LABOMAR REACHES 100% OWNERSHIP OF LABIOTRE
Labomar announces the acquisition today of the residual 51.2% of Labiotre Srl, the plant extract production specialist based in Tuscany, from Biodue Spa. The Company thereby increases its overall stake in the company from 48.8% to 100%.
Labiotre will join the Labomar Group consolidation scope on December 1, 2021. Walter Bertin, founder and CEO of Labomar stated: “Top raw material quality is key to the provision of excellent products – and even more particularly in the nutraceutical sector. Full control of Labiotre, with a view to controlling the supply chain and the complete monitoring of the value chain allows us to make successful, cutting-edge products.”