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| Type | Private (subsidiary of J.W. Childs Associates) |
|---|---|
| Predecessor(s) | G.D. Searle |
| Founded | 1985, as a division of Monsanto Company |
| Headquarters | Chicago, Illinois, USA |
| Key people | Craig R. Petray, Chief Executive Officer |
| Products | aspartame |
| Website | www.nutrasweet.com |
The NutraSweet Company makes and sells NutraSweet, their trademarked brand name for the artificial sweetener aspartame, and Neotame. Despite losing market share in recent years to sucralose,[1] the NutraSweet Company states that its product is used in more than 5,000 products and consumed by some 250 million people worldwide.[2]
Aspartame was invented by chemists at G. D. Searle & Company in 1965.[3] Searle was bought by Monsanto in 1985.[4] In March 2000, Monsanto, which was then a subsidiary of the Pharmacia corporation, sold NutraSweet to the private equity firm J.W. Childs.[3]
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