Moving positions as the provider of the industry’s most comprehensive and user-friendly end-to-end solution, TraceGains announced their strategic acquisition of NutriCalc. Renowned for its highly accurate nutritional calculation software, NutriCalc solidifies a strong presence for compliance and product development within TraceGains solutions.
Strategic acquisition drives immediate innovation
Announced at the record-breaking conference Together 2024, CEO Gary Nowacki showcased his enthusiasm for NutriCalc’s capabilities and features in his keynote. “We’re excited about this acquisition because it offers a unique opportunity to drive industry advancement by merging top-tier nutritional calculation, reporting, and labeling solutions with TraceGains’ established compliance and product development leadership,” said Nowacki.
The collaboration between TraceGains and NutriCalc strengthens the supply chain’s capacity to address emerging challenges in new product development, reformulation, global safety, environmental concerns, social responsibility, and governance (ESG), as well as the rapidly evolving preferences of consumers.
Nutrition calculator fuels new product development
Developed over a 30-year journey to develop the world’s most precise nutrition calculator, NutriCalc’s founder Dr. David Bartley conveyed his well-earned sense of pride, stating, “Since developing NutriCalc 30 years ago, it has become the industry standard in nutrition labeling across the globe at companies both large and small. Our acquisition by TraceGains fuels the development of future innovations to the product and provides an immediate benefit to customers today by linking them to a robust ingredient marketplace and streamlining their processes. The combination of these products is powerful.”
Pursuing growth in supply chain
As a recognized global leader, TraceGains remains the trusted solution for more than 1,200 customers, networked to 73,000 supplier locations and more than 500,000 searchable items and ingredients. Discover more about the organization’s ongoing pursuit of promoting innovation, nurturing growth, and delivering value to its community of buyers, suppliers, and global business partners by exploring its networked ingredients marketplace and comprehensive array of solutions in the complete press release.