Vion Food Group Expands North American Ingredients Business
January 03
12:14
2012
The Netherlands-based Vion Food Group has strengthened its ingredients business with the acquisition of Eastman Gel in the US from the Eastman Kodak Company for an undisclosed amount. Eastman Gel manufactures gelatine for the photographic, pharmaceutical, edible protein and food/confectionery market sectors. Eastman Gel employs 95 people and produces 5500 tonnes of gelatine, yearly.
Eastman Gel will become part of Vion Ingredients’ Rousselot business. The acquisition provides an opportunity to strengthen Rousselots’ position in both growing pharma markets and its current position in the North American Free Trade Agreement (NAFTA). The deal enhances Rousselots’ leading position in gelatine manufacturing worldwide.
