FoodChain ID, a global company specializing in food safety and quality consulting, has announced its acquisition of Nutraveris, a company which specializes in many similar domains, such as scientific and regulatory affairs, and tech-enabled solutions allowing supplements, ingredients, and other health products to adhere to timely regulatory, scientific, and market data standards.
 
Nutraveris, which was founded in 2006 and is headquartered in France, supports and advises agri-food, pharmaceutical, personal care, ingredient, and nutraceutical companies to reach full market approval of their supplements, ingredients, and health products.
 
Nutraveris helps manufacturers and marketers more efficiently create and launch dietary supplements through its Nutraveris Online AI-based platforms. The company’s unique AI-driven platforms, Nol Data Solutions and Nol Compliance, draw a weekly updated inventory of scientific and regulatory information on more than 3,000 ingredients, 40,000 finished products, and over 40,000 peer-reviewed publications spanning 132 areas of application.
 
“Nutraveris, with its global clients and coverage, is a strong strategic fit for FoodChain ID, strengthening our customer base and building on our global profile, domain expertise and agri-food industry leadership,” Brad Riemenapp, CEO of FoodChain ID, said. “With Nutraveris, we are adding scale to our business in the fast-growing ‘good for you’ sector, while expanding our targeted portfolio through new technology-enabled supply chain compliance and claim verification services. We are confident the Nutraveris team will further enhance our ability to capture the growing customer demand for services to market safe and healthy foods, globally.”
 
Nutraveris’ CEO, Cédric Bourges, shared the sentiment following the acquisition.
 
“Since our founding, we set out to bring expert knowledge and innovative technology and have worked with our global scientific and regulatory experts to support product compliance and development throughout Europe and make the task easier for manufacturers and brand-owners. By joining FoodChain ID, we will add the resources, certification, international profile, and expanded client base we need to take our business to the next level,” Bourges said.