NutraSweet

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Johnpacklambert (talk | contribs) at 15:10, 14 May 2020 (added Category:American companies established in 1985 using HotCat). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The NutraSweet Company
Company typePrivate (subsidiary of Manus Bio)
PredecessorG. D. Searle & Company
Founded1985, as a division of Monsanto
HeadquartersAugusta, Georgia, USA
Key people
Ajikumar Parayil CEO
Productsneotame
Website[1]

The NutraSweet Company is an American nutrient company that produces and markets NutraSweet Neotame, their trademarked brand name for the high-intensity sweetener neotame.

The company states that neotame is used in more than 1,100 products and consumed by some 150 million people worldwide.[citation needed]

Aspartame was invented by chemists at G. D. Searle & Company in 1965.[1] Searle was bought by Monsanto in 1985.[2] In March 2000, Monsanto, which was then a subsidiary of the Pharmacia corporation, sold NutraSweet to the private equity firm J.W. Childs Associates.[1] In July 2018 Manus Bio Inc. bought the former NutraSweet plant in Augusta, Georgia and reopened the plant to produce the next generation of natural ingredients. Manus Bio has now updated the plant’s infrastructure to manufacture its target products. Among the company’s first products will be a next-generation Stevia sweetener, which delivers natural, zero-calorie sweetness without the limitations of earlier versions of Stevia.[3][4]


References

  1. ^ a b The NutraSweet Company. "Company Profile". Retrieved 2009-05-18.
  2. ^ Greenhouse, Steven (July 19, 1985). "Monsanto To Acquire G. D. Searle". The New York Times.
  3. ^ Saunders, Jessica (July 6, 2018). "Biotech firm buys former sweetener plant in Richmond County, Ga". Atlanta Business Chronicle.
  4. ^ Cline, Damon (Nov 15, 2019). "Manus Bio celebrates plant opening". The Augusta Chronicle.