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Selasa, 04 Januari 2022

Oterra acquires Food Ingredient Solutions - DairyReporter.com

Founded in 1999, Food Ingredient Solutions is an American producer of colors and natural antioxidants, with a strong exposure to, and growth from, natural colors. The company serves more than 400 customers annually and has two certified processing facilities located in Teterboro, New Jersey, and Marshfield, Missouri.

Since its inception Oterra has acquired SECNA Natural Ingredients Group S.L. and Diana Food’s coloring business in Europe earlier in 2021. Food Ingredient Solutions will mark its first US-based acquisition, strengthening its on-the-ground international presence and creating meaningful synergies with Oterra.

In May 2021, Chr. Hansen Natural Colors A/S announced Oterra as its new name.

“North America is one of the fastest growing natural colors markets, and this acquisition puts Oterra in a great position to further support our customers in the conversion towards natural colors,”​ said Cees de Jong, chairman of Oterra.

Jeff Greaves, founder and CEO of Food Ingredient Solutions, will join Oterra.

“I’m thrilled that Food Ingredient Solutions will become a part of Oterra. We have a strong local presence and great customer relationships, and as Oterra we will be able to offer our customers access to the most extensive portfolio of natural colors in the world,”​ Greaves said.

“We look forward to welcoming the Food Ingredient Solutions team to Oterra. They will join a strong team of dedicated natural color specialists from around the world, and their addition will be met with excitement, especially from our US employees as we further strengthen our US position,”​ said Odd Erik Hansen, Oterra’s CEO.

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