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Roche Vitamins Divestiture Will Not Occur Piecemeal, Chairman Says

This article was originally published in The Tan Sheet

Executive Summary

Hoffman-La Roche's Vitamins & Fine Chemicals division could be sold to a raw material supplier without a substantial presence in vitamins or to a large food manufacturer

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Supply Side East In Brief

Roche: Firm promotes three delivery forms of lycopene at Supply Side East in Secaucus, N.J. May 6-8. Five-percent beadlet, 10% water dispersible beadlet and 10% fluid suspension based in corn oil launched in April, Roche says. Ingredient can be used in juices, nutritional bars, meal replacement drinks, soups, yogurts and other foods, firm adds. According to company representatives, Hoffmann-La Roche is scheduled to make a decision regarding the future of its vitamin division in early June. Chairman & CEO Franz Humer noted the company was considering selling the division at a Feb. 28 financial meeting in New York (1"The Tan Sheet" March 4, 2002, p. 3). Roche plans to complete the process by year-end, reps note...

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