FlavourCraft deal 'perfect fit' for Kerry
Date: 21/02/2012
Kerry Ingredients & Flavours has confirmed that it has completed the acquisition of South African flavours company FlavourCraft for an undisclosed sum.
Established in 1993, Durban-based FlavourCraft specialises in the design and manufacture of flavours for meats, soups, sauces, dressings and savoury snacks in the South African and sub-Saharan markets, particularly in Nigeria.
“FlavourCraft and Kerry ingredients & Flavours are a perfect fit, with the same views around creating market-leading flavour ingredients,” says Ryan Ponquett, managing director of FlavourCraft. “By teaming up with a like-minded global player our customers and those across the continent will gain access to Kerry’s taste, ingredients and applications knowledge. This will enable them to bring customer-preferred products to market faster and at better value.”
“This acquisition represents a clear illustration of Kerry’s commitment to developing our business across Africa,” adds Kerry’s Africa Zone director Bart van Schie.
The FlavourCraft deal provides Kerry with a major manufacturing facility in Africa, a 4,000sq m factory outside Durban, with local research and development capability.
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