FDBusiness.com

WILD Flavors to acquire Cargill’s global juice cold blends and compounds business

 Breaking News
  • Dairy Crest to Invest £85 Million to Expand Cheese Business Dairy Crest, the leading British-owned dairy company, is investing £85 million in growing the capacity of its cheese business, £75 million of which will be invested at its Davidstow creamery in Cornwall. The investment will allow further growth of the company’s market-leading cheese brands Cathedral City and Davidstow, enhance whey production capacity and support farmers [...]...
  • Record Annual Sales and Capital Investment at Cranswick Driven by robust growth across all product categories – Fresh Pork, Convenience, Gourmet Products and Poultry – as well as a 30.2% increases in exports, Cranswick, the UK food group, has increased total revenue by 18% to a record £1.464.5 billion for the year ended 31 March 2018. Like-for-like revenue increased 13% over the prior [...]...
  • Challenging First Half For Greencore Group Greencore Group, a leading manufacturer of convenience food in the UK and US, has reported revenue of £1.239 billion for the 26 weeks ended 30 March 2018, up by 22.6% versus first half of 2017. Adjusted operating profit of £59.7 million was 8.0% higher than the corresponding period in 2017, primarily driven by the acquisition [...]...
  • Lurpak Combines Taste and Convenience For Launch of New Softest Arla Foods UK is to expand its spreadable product portfolio with the launch of Lurpak Softest, a new soft blend butter that is spreadable straight from the fridge. The UK’s number one butter brand has combined the great taste that Lurpak is renowned for with the softest, most spreadable butter ever*. With spreadability the most important [...]...
  • Scientific Study Shows Improved Fat Oxidation and Better Performance in Athletes When Using BENEO’s Palatinose™ A scientific study by Professor Daniel König[i] and his team at the Department of Sports and Sport Sciences of the University of Freiburg, Germany, has shown that with a pre-load of Palatinose™ endurance athletes “maintained a more stable blood glucose profile and higher fat oxidation, which resulted in improved cycling performance compared with maltodextrin.” The study used a [...]...

WILD Flavors to acquire Cargill’s global juice cold blends and compounds business

April 15
15:05 2012

WILD Flavors GmbH has signed an agreement with Cargill to acquire their global juice
cold blends and compounds business to strengthen its position as a leading
natural ingredients company for the food and beverage industry. The acquisition
will provide WILD with over USD 200 million in additional annual sales and three
ocean-access tank farms in the strategic growth areas of Asia, Europe and North
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 Elizabeth in the U.S and in Chiba and
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,” said Michael Ponder, CEO of WILD Flavors GmbH. “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.”
Paul Naar, Head of Cargill’s food ingredients businesses in Europe commented:
“Cargill is selling 35 years of experience in the global juice based beverage
industry, where it built a strong position in local sourcing, supply chain
management, application know-how and reliable, food safe, production.” Naar
continued: “combining with WILD will lead to a bigger scale and add even more
capabilities which will create new opportunities for customers.”

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • May 21, 2018London Int'l Wine Fair
  • May 22, 2018European Coffee Expo
  • June 1, 2018Gluten Free Expo Slovakia
  • June 3, 2018Vinoble
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements