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Sungrow Opens Australia’s New Solar & Battery Experience Hub, Bringing the Future of Clean Energy Closer to Home

SUNSHINE COAST, Australia, July 21, 2026 /PRNewswire/ — Sungrow, the globally leading PV inverter and energy storage system provider, officially opened its brand new Solar & Battery Experience Hub, marking a significant milestone in the company’s long-term investment in the Australian renewable energy market.

Left to Right Scott Su, Technical Service Director Vinny Kavanagh, Port of Brisbane Power & Renewable Lead Kendall Hatcher MP, Member for Caloundra Rosanna Natoli, Mayor of the Sunshine Coast Colin Lambie, Deputy Chair and Treasurer of Zero Emission Noosa Neil Yang, Channel Manager of Sungrow Australia
Left to Right Scott Su, Technical Service Director Vinny Kavanagh, Port of Brisbane Power & Renewable Lead Kendall Hatcher MP, Member for Caloundra Rosanna Natoli, Mayor of the Sunshine Coast Colin Lambie, Deputy Chair and Treasurer of Zero Emission Noosa Neil Yang, Channel Manager of Sungrow Australia

Located on the Sunshine Coast, one of Australia’s most sustainability-focused regions, the Hub is Sungrow’s first solar and battery experience centre in the country. Visitors can explore advanced renewable technologies, see real-time demonstrations, and receive tailored home and commercial energy advice. Serving as an essential bridge to the region, the Hub is dedicated to establishing broad and deep connections with the local community. By partnering with residents, businesses, and non-profit organizations to deliver technical training, sustainability education, and diverse community events, it will work hand in hand to drive the sustainable prosperity of the local community. Meanwhile, powered entirely by Sungrow’s inverter and battery system, the centre serves as a working example of how commercial buildings can operate efficiently and sustainably.

The opening ceremony was attended by Sunshine Coast Mayor Rosanna Natoli, Queensland Government representative Kendall Hatcher MP, local community organisation leaders, prominent figures from the Australian renewable energy industry, and Sungrow Australia executives, highlighting a shared commitment to accelerating the clean energy transition through strong local collaboration.

In the opening addresses, the Mayor affirmed the vital role of the Experience Hub in helping the Sunshine Coast region embrace technological innovation for sustainability. The State Government representative also highly praised the Hub’s outstanding sense of community spirit and the significant, positive impact it brings to local development.

Bringing Renewable Energy to Life 

With more than 600,000 residential and commercial installations across Australia and over 14 years of local market presence, Sungrow has become one of the country’s most trusted and bankable solar brands.

The centre features three immersive experience zones:

Sungrow Journey – showcasing its global innovation, local milestones and long-term commitment to Australia.

Live Experience Area – interacting with Sungrow’s latest residential solar, battery storage and EV charging solutions through live product demonstrations and real-time system management.

Smart Hub Experience – presenting the next generation intelligent home energy management, including battery optimisation, energy monitoring and future-ready smart energy technologies that help households maximise energy independence.

Built with the Community, for the Community

Meanwhile, Sungrow also donated two sets of energy storage systems to local charities, reinforcing its commitment to supporting the Sunshine Coast community.

The Hub will collaborate closely with local elite installers, ensuring visitors receive professional guidance, trusted installation support, and personalised energy solutions. Furthermore, the Hub will continuously host renewable energy event series and specialised workshops tailored for homeowners, first-time homebuyers, commercial developers, corporate partners, educational institutions (including schools, TAFEs, and universities), as well as government and community representatives.

“Sungrow Australia has been a trusted part of everyday life for families, installers, and industry partners across the country. Today, we take an important step forward. More than a physical space, it is a place where people can experience clean energy firsthand, learn from industry experts, and gain the confidence to make smarter energy decisions,” said Neil Yang, Channel Sales Manager at Sungrow Australia. “Following 14 years of continuous support from the local community, we made the significant decision to establish this experience hub on the Sunshine Coast. Our long-term vision is to replicate this model across major towns and cities in Australia, creating more opportunities for renewable energy education, community engagement, local employment, and sustainable infrastructure.”

A New Era of Home Energy Future

The Sungrow Solar & Battery Experience Hub represents a new way for Australians to engage with renewable energy. As Australia continues its transition towards a low-carbon future, Sungrow remains committed to investing in local innovation, strengthening industry partnerships and creating meaningful connections with communities. By bringing clean energy closer to people, the Experience Hub transforms renewable technology from something customers simply purchase into something they can experience, understand and trust.

To learn more about the Sungrow Solar & Battery Experience Hub, visit: www.sungrowpower.com/au/en/aus-sungrow-solar-battery-experience-hub

To book an appointment, please call 0472 787 829 or email hello@sungrowpower.com.au.

Luly Wang
luly.wang@sungrow-hq.com

TMGM joins Chelsea FC on their 2026 Asia-Pacific Pre-Season Tour

SYDNEY, July 21, 2026 /PRNewswire/ — TMGM today announced its participation in Chelsea FC’s 2026 Asia-Pacific Pre-Season Tour as an Official Partner, building on the companies’ long-standing regional partnership.


Chelsea’s pre-season tour will see the club face Western Sydney Wanderers and Tottenham Hotspur in Sydney, before travelling to Hong Kong to take on Juventus, followed by matches against AC Milan in Jakarta and Johor Darul Ta’zim in Malaysia. The tour marks Chelsea’s return to Asia-Pacific ahead of the 2026/27 Premier League season, giving supporters across the region the opportunity to watch the club’s first-team squad in action before the new campaign begins.

Since partnering with Chelsea FC in 2023 as its Official Online Forex and CFD Trading Partner in Asia-Pacific, TMGM has collaborated with the club on a series of regional initiatives, including The Famous CFC fan event in Bangkok. TMGM branding also featured on the back of the players shirt for the 2025/26 FA Cup campaign.

Throughout the tour, TMGM will be featured across match venues and digital channels while supporting regional campaigns and exclusive experiences, giving selected clients and supporters opportunities to enjoy behind-the-scenes access, including open training sessions and player appearances.

“Chelsea FC has been an important partner for TMGM over the past three years, and the club’s return to Asia-Pacific presents another opportunity to connect with clients and football fans through one of the sport’s key moments as the team prepare for a new campaign. We’re looking forward to bringing the partnership to life through experiences that celebrate the excitement of the tour and the passion football inspires across the region.” said TMGM.

About TMGM

Founded in 2013 in Sydney, Australia, TMGM Group is the Official Regional Partner of Chelsea Football Club. As a broker providing global financial product trading, TMGM is regulated by ASIC (Australia), VFSC (Vanuatu), FSC Mauritius, and FSA (Seychelles).

Disclaimer: Investing in leveraged products carries high risks and is not suitable for all investors. You have no interest in the underlying asset. Read the Client Agreement and other disclosure documents set forth on our website. The above information is provided by TMGM Group (Trademax Australia Limited, ABN 76 162 331 311, AFSL 436416, Trademax Global Markets (SE) Limited, FSA licence number SD224, Trademax Global Limited, VFSC 40356 & Trademax Global Markets (International) Pty Ltd, Company No. 195323, Mauritius Investment Dealer Licence No. GB22201012). 

Laos Requires Approval for Home EV Chargers, Tightens Rules on Charging Stations

A picture of EV charging stations used for illustration purpose only.

Residents across Laos will now need government approval before installing electric vehicle (EV) charging equipment at home, under new regulations aimed at improving safety.

A notice issued by the Ministry of Public Works and Transport on 17 July requires homeowners and businesses to obtain technical approval from the Ministry of Industry and Commerce before installing home charging systems.

The same notice also introduces stricter rules for public charging stations. Anyone planning to build a new charging station must first obtain construction approval, while operators of existing stations built without prior approval must register with provincial authorities so officials can inspect the sites and determine whether they meet the required standards.

The measures are intended to improve safety, ensure charging stations comply with urban planning regulations, and bring existing and future charging infrastructure under a single regulatory system.

Under the new rules, charging stations may only be built in approved locations, including shopping centers, hotels, office buildings, transport hubs, airports, railway stations, petrol stations, and large residential developments.

Before construction can begin, developers must submit site plans, technical designs, traffic and drainage plans, environmental approvals, fire safety certification, and confirmation from Electricité du Laos (EDL) that the electricity supply is suitable for the project.

Provincial Public Works and Transport departments have also been instructed to inspect charging stations already operating across the country and determine whether they comply with the new requirements.

Next Phase of Laos’ EV Push

The regulations mark the next phase of Laos’ electric vehicle strategy, as the government shifts its focus from encouraging EV adoption to regulating the infrastructure needed to support it.

In May, Laos suspended imports of most fossil fuel-powered vehicles until the end of 2026 while introducing price controls on electric vehicles to help keep them affordable. Officials said the policy aims to reduce the country’s dependence on imported fuel and accelerate the transition to cleaner transport.

The government has also been expanding the infrastructure behind that transition. In April, it signed agreements with 27 public and private sector partners to develop EV charging stations, battery-swapping facilities, digital charging management systems, and financing for businesses investing in electric transport.

Electric public transport has also continued to expand. Earlier this year, Vientiane extended its electric Bus Rapid Transit (BRT) network with a new route along Setthathirath Road after relaunching the service following safety improvements. Authorities also plan to extend the network to Wattay International Airport and the Laos-China Railway station.

When Festivals Become the Beginning of a Journey: Discover Malaysia at Each Individual’s Pace, with Meaningful Moments Throughout the Trip

Amari, OZO and Shama invite travellers to discover Malaysia through George Town Festival 2026 and Hari Merdeka — from the charm of Penang’s old town and the energy of Kuala Lumpur to the easy-going rhythm of Johor Bahru — with stays that complete the story of every trip.


BANGKOK, THAILAND – Media OutReach Newswire – 21 July 2026 – When people think of Malaysia, many may picture the Petronas Twin Towers, Kuala Lumpur’s shopping destinations or short breaks that are easily accessible from Thailand. Yet, beyond these familiar images, Malaysia offers many more sides waiting to be discovered — from historic towns filled with stories, art and culture woven into everyday life, to diverse local flavours and the distinctive atmosphere of each destination. From the charm of George Town in Penang and the energy of Kuala Lumpur to the relaxed pace of life in Johor Bahru, each city offers its own unique experience.

ASP (1)

For today’s travellers, a destination is no longer simply a place to reach, but a collection of moments to experience and remember. Whether strolling through an old town filled with art, tasting local cuisine, listening to music amid the atmosphere of a festival or taking time to relax in one’s own way. Festivals enable travellers to discover another side of a destination through its people, culture and celebrations during special moments, transforming a journey into a story that goes beyond simply visiting somewhere new.

In August 2026, Malaysia will offer two significant moments for travellers planning their next journey: George Town Festival 2026, taking place from 1–9 August 2026 in George Town, Penang, and Hari Merdeka, marking Malaysia’s 69th Independence Day. The national celebration will bring an atmosphere of pride, cultural colour and festive activities to cities across the country.

However, the appeal of a journey does not end when the festival concludes. Memorable experiences continue throughout the entire trip — from exploring the city and discovering new perspectives to tasting local cuisine and enjoying quiet moments after a day of adventure. Choosing the right accommodation is therefore an important part of shaping the overall feeling and experience of a journey. A hotel is not simply a place to rest, but a space to recharge, spend time with loved ones and experience each destination more fully and personally.

Understanding that every traveller has different rhythms and needs, ONYX Hospitality Group offers a diverse portfolio of brands to support a variety of travel experiences through Amari, OZO and Shama. The brands cater to different preferences, from travellers who want to explore a city to the fullest and those looking for a comfortable and relaxing break, to guests who wish to spend a longer period living in a destination.

For travellers looking to begin their discovery of Malaysia through art and culture, Penang is an ideal first destination. It is a city where stories from the past blend naturally with contemporary creativity. During George Town Festival 2026, George Town will come alive with art, performances and creative activities that reveal another side of this UNESCO World Heritage city.

For travellers who want to stay close to the colours of George Town and explore the city independently, OZO George Town Penang is an option that makes every moment of the trip easier. Located close to the UNESCO World Heritage-listed old town, guests can conveniently explore street art, try local restaurants and uncover the city’s hidden corners. Recommendations from the OZO Connector team also help guests discover new perspectives on the surrounding area. At the end of the day, they can return to recharge at EAT restaurant and enjoy a restful night’s sleep through the Quality Sleep concept, ready to experience the city again the following day.

Meanwhile, Amari SPICE Penang reflects the distinctive identity of the Amari brand through contemporary Thai-inspired hospitality, thoughtfully blended with the atmosphere and character of the destination. The hotel offers a full-service experience for travellers seeking comfort, relaxation and convenience. Its location is directly connected to SPICE Convention Centre and SPICE Arena, venues that regularly host international events. After a day spent exploring the festival or discovering the city, guests can recharge at Breeze Spa or enjoy time together over a meal at Amaya Food Gallery, which offers a relaxed, street-food-market-inspired atmosphere.

As Hari Merdeka approaches, Kuala Lumpur reveals another side of Malaysia through its celebratory atmosphere, particularly in the city centre, where history, culture and the rhythm of metropolitan life come together. From iconic landmarks and event spaces to the city’s diverse neighbourhoods, each area reflects the colours and energy of this special occasion.

For travellers looking to experience the energy of the capital, Amari Kuala Lumpur is located in the heart of KL Eco City and is directly connected to the city’s main rail network, making it easy to explore Kuala Lumpur. Whether travelling to experience the celebrations, visit key landmarks or discover the city’s vibrant neighbourhoods, guests can return to a warm and welcoming atmosphere while enjoying the distinctive dining, beverage and service experiences for which Amari is known.

Another side of Malaysia well worth discovering is Johor Bahru, a city that is ideal for travellers who want to combine moments of celebration with a more relaxed holiday experience, including shopping, family activities and onward journeys to nearby destinations.

Amari Johor Bahru is located in the heart of the city on Jalan Wong Ah Fook, surrounded by shopping destinations, restaurants and the colours of urban life. It is well suited to travellers who want to explore the local atmosphere before returning to relax in spacious accommodation and recharge at Breeze Spa.

For families or travellers looking to spend longer in a destination, Shama Suasana Johor Bahru brings “The Joy of Living” concept to life through a serviced apartment experience that gives guests the freedom to live at their own pace. Designed to feel like home, the property features spacious accommodation, living areas and fully equipped kitchens, allowing guests to maintain their familiar routines, enjoy their favourite activities and spend quality time with loved ones, even while staying in a new destination.

The property also offers privacy, flexibility and convenience for both short and extended stays. Located above Zenith Mall, it makes it easy for guests to explore the city, shop or experience the local way of life.

Meanwhile, OZO Medini Malaysia is another option for groups of friends and families looking to add more fun to their journey. Located in the Medini area, close to LEGOLAND Malaysia Resort and with convenient connections to Singapore, the hotel is ideal for trips that combine relaxation, activities for all ages and opportunities to discover new experiences within a single journey.

More than simply a destination close to Thailand and easy to reach, Malaysia is a country that travellers can return to and rediscover at different times of the year — from art in historic towns and national celebrations to local cuisine, cafés, shopping districts and relaxing moments after a day of exploration.

Festivals become more than just a reason to travel; they serve as a gateway to experiences filled with people, stories, culture and memorable moments that unfold throughout the journey, waiting for each traveller to discover in their own way.

On the occasion of its 60th anniversary, ONYX Hospitality Group continues to bring its “More of What You Love” philosophy to life through its portfolio of hotels, restaurants, bars and spas. The Group remains committed to creating memorable travel experiences that respond to the needs of today’s travellers and enhance every journey, regardless of how they choose to travel.

Hashtag: #ONYXHospitalityGroup

The issuer is solely responsible for the content of this announcement.

About ONYX Hospitality Group

ONYX Hospitality Group, a reputable force in the Asia-Pacific hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers across the region where it has deep expertise. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food & beverage. With six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.

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HunterLab launches Vista® L2 with an extended 710 nm measurement range

The next-generation Vista pairs Essentials L2, the most advanced color analysis software in the category, with far more onboard computing, all without changing existing methods or accessories

RESTON, Va., July 21, 2026 /PRNewswire/ — HunterLab, the world’s true measure of color, today announced Vista® L2, the next generation of its transmission color and haze spectrophotometer for transparent and translucent liquids and solids. Vista L2 extends the spectral range to 710 nm, adds Essentials L2, the most advanced color analysis software in the industry, and expands processing power and storage. The result is more capability for quality control teams in beverages, edible oils, liquid chemicals, pharmaceuticals, translucent plastic preforms, and environmental testing.

HunterLab Vista L2
HunterLab Vista L2

The wider range sharpens the separation of true color, measured as absorbance, from haze, measured as light scattering. That clarity helps manufacturers catch early-stage instability in liquid products and judge color stability with more confidence. The 710 nm reach also enables chlorophyll measurement at 630, 670, and 710 nm, aligned to AOCS Cc 13d-55, a method used to track oxidation and protect shelf life in edible oils.

“Quality teams are being asked to measure more, on tighter timelines, without adding instruments or headcount,” said Bob Weaver, President at HunterLab. “Vista L2 was built for that reality. It widens what a single instrument can measure while running the same methods and accessories our customers already use, so the upgrade adds capability without disruption.”

Vista L2 builds on the established Vista platform, retaining its transmission geometry, full-spectrum LED illumination, and touchscreen interface. New and enhanced features include 32 GB of onboard storage, enough for millions of measurements, HDMI output for viewing results on external displays, and a built-in wavelength verification standard that keeps performance consistent. Essentials L2 updates by flash drive or direct internet connection.

Vista L2 is the only transmission instrument to apply the Beer-Lambert Law with the precision needed to report absolute color from standard cells and vials. It reports edible oils automatically at 5.25 inch or 1 inch pathlengths and reads APHA color in smaller cells than competing systems require, reducing reliance on costly specialty cells. Interchangeable holders and base plates, in Multi-Functional, Precision, and Self-Centering options, position liquids, vials, cuvettes, translucent plastic preforms, films, and flow-through samples with magnetic attachments and locating pins for repeatable results.

Vista L2 is available now. Additional information and demonstration requests are available at https://www.hunterlab.com/en/contact/.

About HunterLab

Founded in 1952, HunterLab is a global leader in color and appearance measurement solutions for industries including food and beverage, plastics, chemicals, and pharmaceuticals. With instruments trusted in more than 75 countries, HunterLab continues to advance the science of color through innovation, precision, and customer partnership.

Media Contact:
HunterLab Marketing
marketing@hunterlab.com
www.hunterlab.com

Attapeu Court Convicts Nine in Financial Crime Case, Orders Return of Billions

An Attapeu court convicted nine people over illegal lending and currency trading, ordering them to return nearly LAK 28 billion to the state. (Photo: Ministry of Public Security).

The Attapeu Provincial People’s Court convicted nine people on 16 July over illegal currency trading and unlawful lending, ordering them to return nearly LAK 28 billion (about USD 1.26 million) in illicit proceeds to the state.

According to authorities’ reports, judges found Anoukone Xaymany, Thitsamai Xaphakdy, Vanvilai Xaisena, Davin Manivong, Noiphetta Kittiyalath, Soutsana Chanthavisouk, Phaijit Simmalath, Ae Ningsamone, and Sowulichanh Boutavong guilty of misconduct, illegal currency management, unlawful business operations, and usury.

The court ordered the nine defendants to repay a combined LAK 27.8 billion (about USD 1.26 million) in illicit proceeds and cover the costs of the investigation and court proceedings.

Each defendant also received a one-year prison sentence and a LAK 10 million (about USD 455) fine. The court suspended the remaining prison time for those who had already served part of their sentence before trial, while sentencing the rest to fully suspended terms.

Noiphetta Kittiyalath and Soutsana Chanthavisouk received the largest financial penalty, with the court ordering them to jointly repay more than LAK 13 billion (about USD 593,000). Davin Manivong received the largest individual restitution order of nearly LAK 5 billion (about USD 229,000). The remaining defendants must repay amounts ranging from about LAK 118 million to LAK 3.4 billion (roughly USD 5,400 to USD 155,000).

The court also ordered the group to cover the costs of the investigation and all court fees.

Part of a Wider Crackdown

The ruling adds to a growing number of financial crime cases pursued by Lao authorities this year as they tighten enforcement against illegal lending, unauthorized currency trading, and corruption.

Earlier this month, the Vientiane Capital People’s Court sentenced at least ten former government officials, state enterprise executives, and a Thai businessman to life imprisonment in four major corruption cases involving bribery, embezzlement, fraud, and abuse of office.

The court also ordered the seizure of cash, land, vehicles, bank accounts, and other assets. In the largest case, Thai businessman Aphichart Vannakul must pay more than USD 24.8 million in compensation to Electricity of Laos (EDL) over a hydropower corruption scheme.

Deputy Prime Minister Visits Laos-International Precious Metals Refinery

Deputy Prime Minister and Minister of Finance Santiphab Phomvihane visited the Laos-International Precious Metals Refinery (LIPMER) on 17 July to inspect the facility's operations and review its production processes. (Photo by LIPMER)

Deputy Prime Minister and Minister of Finance Santiphab Phomvihane visited the Laos-International Precious Metals Refinery (LIPMER) on 17 July to inspect the facility’s operations and review its production processes. The visit came as the company continues efforts to develop Laos’ precious metals industry.

During the visit, Chanthone Sitthixay, Chairman and Founder of LIPMER, presented an overview of the refinery’s operations and led the delegation on a tour of the production facilities.

He said the refinery is working toward meeting the standards of the London Bullion Market Association (LBMA) by adopting advanced technologies, including quality-control laboratories and automated production equipment designed to ensure high levels of accuracy while supporting environmentally responsible production.

Chanthone also outlined the strategic vision behind LIPMER, noting that the refinery supports the Party and Government’s policy of developing Laos’ gold industry to international standards. He said the project aims to add greater value to the country’s mineral resources, particularly gold, while contributing to national socio-economic development and strengthening the country’s long-term economic resilience.

During the visit, Santiphab expressed support for the refinery’s progress and commended its commitment to developing an internationally recognized refining facility aligned with LBMA standards. He said the project represents an important step toward expanding higher value-added production in Laos and strengthening the country’s economic foundation.

The Deputy Prime Minister also encouraged continued cooperation between LIPMER and relevant stakeholders to support the development of Laos’ gold industry and promote sustainable socio-economic development.

SuanNutra, Parent Company of Monteloeder and a Carbyne Equity Partners Portfolio Company, Expands Product Portfolio with Specialty Natural Ingredients Businesses from IFF

MADRID, July 21, 2026 /PRNewswire/ — SuanNutra, the global science-backed ingredients group, today announced it has signed an agreement to acquire a portfolio of specialty natural ingredients businesses from IFF (NYSE: IFF). The transaction, backed by SuanNutra’s majority shareholder Carbyne Equity Partners, will merge the businesses with SuanNutra’s existing operations to create an enlarged global group in science-backed natural ingredients. Completion is expected by the end of 2026, subject to regulatory clearances and customary closing conditions.

SuanNutra, a Carbyne Equity Partners Portfolio Company, Expands Product Portfolio with Specialty Natural Ingredients Businesses from IFF
SuanNutra, a Carbyne Equity Partners Portfolio Company, Expands Product Portfolio with Specialty Natural Ingredients Businesses from IFF

Positioned to be a new category leader

The combination is a transformational step for SuanNutra, delivering directly on its strategy of scaling nutraceutical science into measurable impact and expanding into food-enhancement ingredients.

The incoming businesses bring an expanded range of clinically supported branded ingredients and owned botanical extraction at source, scientifically backed fermented vitamins and minerals, together with plant-derived natural colours, antioxidants and flavours.

The combined manufacturing footprint spans botanical extraction in Spain, Slovenia and Peru and fermentation in the United States. The merged group will have around 700 employees serving more than 1,200 customers in over 60 countries. Customers will continue to be served seamlessly, without interruption, and the group will continue to invest in commercial capability, R&D and innovation across the enlarged group.

The newly combined entity strengthens SuanNutra’s Visible Health strategy – clinically backed ingredients delivering wellness benefits consumers can see and feel. In food enhancement, the natural colours, antioxidants and flavours place the group at the centre of the industry’s shift from synthetic dyes, preservatives and flavours to natural and clean-label ingredients.

A winning matchup of complementary expertise

Anthony Weston, Group CEO of SuanNutra, said: “The engaged, experienced people in these businesses know the products and customers deeply, and that expertise is central to everything we aspire to achieve. Together we will build, grow and transform this group into a stronger partner for our customers offering manufacturing at source, clinically proven ingredients, and a broad natural portfolio across nutraceuticals and food enhancement.”

Yoni Glickman, Non-Executive Chairman of SuanNutra, added: “Clinically supported branded ingredients are where this industry is heading – proven actives with the science to stand behind them. This expansion puts SuanNutra at the forefront of this transition. The move from artificial colours and preservatives to natural, scientifically substantiated ingredients is reshaping the food and health industries faster than ever.”

Markus Petersen, Managing Partner of Carbyne Equity Partners, explained: “SuanNutra has a clear strategy and a management team that understands these businesses and their markets. This merger creates a botanical-based ingredients group of genuine scale and scientific credibility, and we are pleased to back the team in building it. We look forward to the opportunities these teams and SuanNutra will create together.”

Mai Karas, Investment Director of Carbyne Equity Partners, concluded: “Specialty ingredients are at the heart of Carbyne’s investment strategy. This transaction brings a global range of natural ingredients into the group and deepens our focus on the sector.”

HSF Kramer acted as legal counsel to SuanNutra and Carbyne and EY acted as financial advisor