Sunwin deal increases stevia capacity

Executive Summary

Qufu, China-based Sunwin International Nutraceuticals acquires Qufu Shengren Pharmaceutical Co., a manufacturing facility that will be retrofitted to produce stevia, according to an April 8 announcement. The $3 million deal, made through Sunwin's subsidiary Qufu Natural Green Engineering Co., will increase the firm's stevia production capacity to 250 tons annually, said Sunwin Chairman Laiwang Zhang in the release. Sunwin's U.S. subsidiary sells stevia-based OnlySweet as a dietary supplement in the U.S