Lonza has agreed to acquire InterHealth Nutraceuticals, a specialty nutritional ingredients supplier based in Benicia, California, for up to $300 million. The transaction is expected to close in September 2016 following customary closing conditions. InterHealth is a portfolio company of Kainos Capital, a Dallas, Texas-based private equity firm focused on food and consumer sectors.

InterHealth's product portfolio complements Lonza's existing nutritional portfolio in the area of sports nutrition, weight management, immune health, and pet health. The acquisition will also expand Lonza's offerings into new areas such as cognitive and diabetic health.

Source: Lonza