Innovad acquires natural extract company
Thursday, June 11, 2020
Innovad®, a global supplier of animal health and nutrition solutions, acquired Eco Treasures, an innovative company specialized in the extraction of natural raw materials and eco-friendly processes. The purchase of Eco Treasures, based in Belgium, fits in the company’s commitment to sustainability.
“In today’s environment, sustainability and environmentally friendly solutions or re-use of natural resources is a commitment towards future generations, and key to our future success,” said Jamal Al Saifi, founder and CEO of Innovad®. “Eco Treasures’ expertise in vegetal extraction processes and its complex technologies (supercritical CO2 extraction, steam extraction, water extraction) to obtain a world-class natural functional ingredient and 100% organic product combines nicely with the increasing use of natural components into Innovad®’s solutions.”
Eco Treasures was established in 2006 by a group of chemical engineers headed by Kris Schatteman as an eco-sustainable technological nucleus. Its core knowledge and experience lies in supercritical CO2 extraction; a green extraction technology without even traces of any organic solvents that is exceptionally well suited to extract molecules with high added value from natural resources directed primarily to pharmaceutical API applications and cosmetics. Over the years, the company specialized in the valorization of organic secondary streams from other industries and in the production of fruit seed oils and products originating from the same feedstock, such as fruit powders and press cake flour.
The acquisition makes Innovad® the only global player within functional feed additives to have all necessary processes and competence to deliver environmentally friendly and sustainable solutions in-house.
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