July 17/Cranbury, N.J./PRNewswire -- Innophos Holdings Inc. completed the acquisition of AMT Labs Inc.
AMT, a privately held company based in North Salt Lake, Utah, has been manufacturing custom ingredients for the food, beverage, confectionary and nutraceutical industries for more than 20 years. AMT specializes in mineral ingredients essential to the human diet that are manufactured in various forms, including as chelates, to be easily digested (bioactive). Innophos notes AMT is highly complementary to the Kelatron business acquired by Innophos in November 2011. The combined businesses of Kelatron and AMT make Innophos among the leaders in U.S. bioactive mineral ingredients, with annualized revenues approximating $30 million.