FDBusiness.com

WILD Flavors to Acquire Cargill’s Global Juice Blends and Compounds Business

 Breaking News
  • Year of Considerable Progress For Dairy Crest Dairy Crest, the UK dairy group, increased revenue by 10% to £456.8 million and adjusted profit before tax increased by 2.8% to £62.3 million for the year ended 31 March 2018, compared with the previous year. Dairy Crest’s Cheese & Functional Ingredients business increased revenue by 8.8% to £277.2 million while revenue at the Butters, [...]...
  • Edrington Unveils the New Home of The Macallan Edrington, the international premium spirits company, has revealed the new distillery and visitor experience for The Macallan brand. The new distillery and visitor experience is located on the stunning Easter Elchies estate in Scotland, which has been home to the leading luxury single malt since 1824. From humble beginnings, the brand has risen to become [...]...
  • Nestlé Strengthens its Research Capabilities in Switzerland Nestlé has announced changes that further strengthen its research and development operations, the largest of any food company worldwide. Nestlé will bring together its two scientific discovery units, the Nestlé Research Center and the Nestlé Institute of Health Sciences, to build one impactful organization, Nestlé Research. The combination of two world-renowned research facilities with highly [...]...
  • Algaia Receives €4 Million Boost Algaia, will accelerate development and install a new specialty seaweed extract production unit at its Lannilis (Brittany-France) manufacturing facility dedicated to specialty algae extracts. The company’s main shareholder, Maabarot Products, has injected an additional €4 million in equity to support further expansion of the production facility and innovation center located in Saint-Lo (Normandy-France). Algaia works with local [...]...
  • Smarter Factories – Safer Working In food produce environments and packhouses, the benefits of automation when it comes to workforce health and safety are uncontended. From eliminating arduous and repetitive tasks to working uninterrupted within inhospitable chilled settings, robots are most certainly the future. Case loading specialist Brillopak and industrial automation pioneer Omron explore how smart robots, hardware and software can [...]...

WILD Flavors to Acquire Cargill’s Global Juice Blends and Compounds Business

WILD Flavors to Acquire Cargill’s Global Juice Blends and Compounds Business
April 19
11:06 2012

Leading natural ingredients company WILD Flavors has agreed to acquire Cargill’s global juice cold blends and compounds business for an undisclosed sum. The acquisition will provide WILD with over $200 million in additional annual sales and three ocean-access tank farms in the strategic growth areas of Asia, Europe andNorth America. The transaction is subject to antitrust approvals.

Cargill’s juice cold blends and compounds business is a worldwide leading provider of tailor-made juice blends and compounds for high-fruit content beverages as well as juice concentrates. It operates a global network of production and state-of-the-art tank and storage facilities. They are located in Amsterdam, The Netherlands, Port Elizabethin the US and in Chibaand Kashima in Japan. These locations will be important assets to support WILD Flavors’ ambitious global growth strategy.

“This acquisition is a key step to continually grow a differentiated and integrated supply chain for juices to the benefit of our customers. Cargill’s business will provide improved raw material access while strengthening our existing juice capabilities,” explains Michael Ponder, chief executive of WILD Flavors. “By broadening our product offering and by providing a truly global supply chain, our customers will profit from WILD Flavor’s unique full-solution approach as the single source of supply for every ingredient needed to produce a high-quality, finished beverage product.”

Headquartered in Zug, Switzerland, WILD Flavors is one of the leading natural ingredients companies servicing the global food and beverage industry. It has manufacturing sites in Europe, the Middle East, North America and Asia.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 1, 2018Gluten Free Expo Slovakia
  • June 3, 2018Vinoble
  • June 4, 20188th WSO World Congress on Stevia Tasteful 2018
  • June 17, 2018The Excellence of Italian Food and Wine (Bellavita Expo)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements