Innophos Holdings, Inc. Announces Acquisition of Triarco Industries for $46 Million

 Innophos Holdings, Inc. Announces Acquisition of Triarco Industries for $46
                                   Million

Continues to Strengthen Position in High Value, Growing, Nutritional Specialty
Ingredients

PR Newswire

CRANBURY, N.J., Jan. 2, 2013

CRANBURY, N.J., Jan. 2, 2013 /PRNewswire/ -- Innophos Holdings, Inc. (NASDAQ:
''IPHS"), a leading international producer of performance-critical and
nutritional specialty ingredients, with applications in food, beverage,
dietary supplements, pharmaceutical, oral care and industrial end markets,
announced today that it had completed the acquisition of the business and
assets of Triarco Industries, Inc. ("Triarco").

Triarco, a privately held company based in New Jersey, has been manufacturing
high quality custom ingredients for the food, beverage, dietary supplement and
nutraceutical industries for more than 30 years. Triarco specializes in
botanical and enzyme based ingredients that provide important benefits in
growing markets such as sports nutrition, dietary supplements and fortified
beverages. Triarco is highly complementary to the mineral ingredients
businesses, Kelatron and AMT, which were acquired by Innophos in 2011 and
2012. Triarco has annualized revenues of approximately $25 million and margins
in line with those earned by Innophos' existing Specialty Ingredients
businesses. The combined businesses of Kelatron, AMT and Triarco enhance
Innophos' position in the attractive high growth nutritional ingredients end
markets with annual revenues in excess of $50 million.

Randy Gress, Chairman and Chief Executive Officer of Innophos, commented, "The
acquisition of Triarco continues the strategy of expanding our business into
product categories closely related to our existing specialty phosphate
offering. Triarco has excellent products that are often formulated alongside
existing Innophos specialty mineral ingredients to provide nutritional benefit
to consumers. Triarco also has strong positioning in, and a deep understanding
of, a variety of end markets, and has been successful in developing a
co-branding strategy to improve consumer recognition of the ingredients they
provide. We look forward to leveraging our combined customer relationships and
product offering to drive growth, while strengthening the quality and
efficiency of our supply chain."

Mr. Gress added, "We are also delighted to announce that Rodger Rohde Jr. and
Christopher Rohde will join Innophos and continue to lead the Triarco business
within the Innophos Group." 

In the transaction, an Innophos subsidiary purchased all of Triarco's assets
for $45 million in cash plus $1 million in shares of Innophos Holdings, Inc.
Common Stock. The cash portion of the purchase price was financed by Innophos
from borrowings under the company's senior credit facility. The acquisition
includes potential for additional incentive consideration contingent upon
success in delivering growth objectives over the next two years. Closing of
the purchase occurred upon execution of the definitive agreements effective as
of December 31, 2012. The acquisition is expected to be accretive to earnings
per share in 2013.

About Innophos Holdings, Inc.

Innophos is a leading international producer of performance-critical and
nutritional specialty ingredients, with applications in food, beverage,
dietary supplements, pharmaceutical, oral care and industrial end markets.
Innophos combines more than a century of experience in specialty phosphate
manufacturing with a growing capability in a broad range of other specialty
ingredients to supply a product range produced to stringent regulatory
manufacturing standards and the quality demanded by customers worldwide.
Innophos is continually developing new and innovative specialty ingredients
addressing specific customer applications and supports these high-value
products with industry-leading technical service. Headquartered in Cranbury,
New Jersey, Innophos has manufacturing operations in Nashville, TN; Chicago
Heights, IL; Chicago (Waterway), IL; Geismar, LA; Ogden, UT; North Salt Lake,
UT; Paterson, NJ; Green Pond, SC; Port Maitland, ON (Canada); and
Coatzacoalcos, Veracruz and San Jose de Iturbide (Mission Hills), Guanajuato
(Mexico). For more information please visit www.innophos.com. 'IPHS-G'

Contact Information:
Innophos Holdings, Inc.  FTI Consulting, Inc.
Investor Relations: (609) 366-1299          Alexandra Tramont/Matt Steinberg
investor.relations@innophos.com        212-850-5600



SOURCE Innophos Holdings, Inc.

Website: http://www.innophos.com