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Gadot Acquires Pharmline

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By: Sean Moloughney

Editor, Nutraceuticals World

Gadot Biochemical Industries Ltd., Israel, has acquired 85% of Pharmline Holding Inc., Florida, NY, shares. This acquisition will enable Gadot to broaden its Enrichment Minerals product line, as well as other health ingredients offered to the nutraceuticals industry. Pharmline is a strategic arm for Gadot, allowing the company to broaden its portfolio and services to the food industry, and more specifically to the functional food industry, providing processed, custom-made ingredients, as well as tailor-made premixes.

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