Joint Venture Focuses on Chewing Gum

Creating a partnership with a primary focus on patented nutraceutical chewing gum, Denmark-based Gumlink, has acquired a 50% stake in Tab Labs Inc., Langley, British Columbia, Canada, through a recent joint venture agreement. Tab Labs has recently shifted a great deal of focus toward the increasingly attractive functional and nutraceutical market for chewing gum. Tab Labs has especially focused on upgrading its facilities to accommodate sensitive active ingredients, such as probiotics. Gumlink will be reinforcing the joint venture by contributing its nutraceutical chewing gum capabilities, and the accumulated know-how in its R&D facilities located in Denmark.