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news.Martek Biosciences, which manufactures nutritional oils that contain the long-chain polyunsaturated fatty acids, has signed a multi-year DHA and ARA license and supply agreement with Hero, an international consumer-foods company.
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Under the terms of the agreement, Martek will serve as Hero’s exclusive supplier for all of its arachidonic acid (ARA) and docosahexaenoic acid (DHA) needs for infant formula products and growing-up milks intended for children up to three years of age, dietary foods for special medical purposes, and for weaning foods.
Hero is the parent company of Semper, an existing Martek licensee for infant formula, and Beech-Nut, a Martek food customer that includes Martek’s life’sDHA in a line of baby foods and cereals.
Ethan Leonard, vice president of pediatric nutrition at Martek, said: “This new agreement with Hero is another important step in Martek’s effort to expand its international presence in the infant formula market.
“We are pleased to be working with Hero and believe this agreement again demonstrates that companies around the world continue to recognize the importance of adding Martek’s trusted sources of DHA and ARA to products for infants and children.”