Nagase to acquire Prinova Group.

Nagase, a diversified Japanese chemical trading firm, agreed to acquire Prinova Group, one of the world's largest manufacturers and distributors of nutritional ingredients for the global food and wellness industries. Financial terms were not disclosed. “This acquisition marks a significant milestone in our continued effort to expand Nagase Group’s global footprint in a high value-added business,” said Kenji Asakura, President and CEO of Nagase Group. “The addition of Prinova’s expertise, unique positioning, and portfolio offering enables us to expand our food and nutrition ingredients value chain in North America, Europe and also in Asia.”