TraceGains, a developer and provider of compliance and networked product development software, has acquired NutriCalc, a developer of product labeling and nutrition calculation software that helps professional food businesses reach their recipe nutrition targets and allergen labeling requirements.
“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,” said Dr. David Bartley, Founder of NutriCalc.
With this acquisition, TraceGains inherits NutriCalc’s technology and wealth of nutritional information. In turn, NutriCalc will have access to TraceGains’ network of more than 70,000 supplier locations and a database of more than 500,000 searchable ingredients and items.
Greg Heartman, VP of Product Management at TraceGains, stressed the significance of integrating NutriCalc into the TraceGains networked ecosystem. “This move enriches TraceGains’ offerings in the Food and Beverage sector, focusing on simplifying and automating processes, integrating AI solutions and enabling manufacturers and suppliers to leverage digital transformation,” he said.
“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 Gary Nowacki, CEO of TraceGains.