Ingredients supplier Ulrick & Short acquired by Novax
Ingredients supplier Ulrick & Short acquired by Novax Clean label ingredients firm Ulrick & Short has been acquired by Novax, the investment company of Stockholm, Sweden-based Axel Johnson Group, for an undisclosed sum. Ulrick & Short will continue to operate as a standalone business with founders Adrian Short and Andrew Ulrick staying on as minority shareholders. The existing management team will remain in place. Adrian Short, founder, director and shareholder of Ulrick & Short, said: “From the first meeting with the Novax team it was clear we had found an org...