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

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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
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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.

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