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Current Position:Home » News » Beverages & Alcohol » Beverages » Topic

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

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Core Tip: WILD Flavors GmbH has signed an agreement with Cargill to acquire its global juice cold blends and compounds business to strengthen its position as a natural ingredients company for the food and beverage industry.
 WILD Flavors GmbH has signed an agreement with Cargill to acquire its global juice cold blends and compounds business to strengthen its position as a natural ingredients company for the food and beverage industry. 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, and North America. The transaction is subject to antitrust approvals.

Cargill’s juice cold blends and compounds business is a worldwide 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 tank and storage facilities. They are located in Port Elizabeth, N.J., Amsterdam, The Netherlands, and in Chiba and Kashima in Japan.

“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.”

 
 
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