Israel Gummy Supplement Firm TopGum Acquires ParamItBe To Accelerate Development

ParamItBe develops formulations and delivery formats and provides analytics laboratory services to pharmaceutical, supplement and food companies. Its R&D capabilities will expedite TopGum's gummies development for another plant scheduled to begin operating by the end of 2023.

Shutterstock and TopGum Industries

Israel gummy supplement developer and manufacturer TopGum Industries Ltd. says its acquisition of ParamItBe Ltd. will accelerate its pharma-grade product development, advance its analytical capabilities and enhance its supply chain.

Tel Aviv-based TopGum’s agreement announced on April 20 to purchase ParamItBe for an undisclosed amount will extend TopGum’s operations to...

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