# Innophos to acquire Novel Ingredients

Innophos announced a merger agreement to acquire Novel Ingredients, creating a nearly $0.5 billion food, health, and nutrition platform.

- Type: Acquisition
- Announced: 2017-08-04
- Value: $500.0M
- Status: announced
- Products: food, health, and nutrition products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Innophos](https://endata.com/companies/26065.md) (acquirer)
- [Novel Ingredients](https://endata.com/companies/26066.md) (target)

## Sources

- [nutritionaloutlook.com](https://nutritionaloutlook.com/trends-business/innophos-acquire-novel-ingredients), 2017-08-04: "Innophos says that the merger agreement will create a nearly $0.5 billion food, health, and nutrition platform for the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.