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Avesthagen Acquires Renaissance Herbs

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By: Sean Moloughney

Editor, Nutraceuticals World

Avestha Gengraine Technologies Pvt. Ltd. (Avesthagen), Bangalore, India, has acquired Renaissance Herbs, Chats-worth, CA. The deal includes the purchase of Renaissance Herbs’ line of consumer products, Ayurceutics. Renaissance founder Alex Moffett will continue in his role as chief executive for the American operation. Mr. Moffett says, “The resources of Avesthagen’s world-class, state-of-the-art laboratory facilities and 250 researchers allows Renaissance to take the next step in our evolution providing customers novel new ingredients and products backed by a broad base of biotechnical capabilities, including phytoproteomic testing and bioinformatics.”

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