Takasago International has announced the expansion of its natural material portfolio through the acquisition of U.S.-based Centre Ingredient Technology (CIT) on Jan. 20, 2016. CIT produces natural flavor and fragrance ingredients using their unique biotechnology manufacturing processes. In addition, CIT also supplies specialty ingredients for the food, beverage, and cosmetics industry.
“With the highly advanced manufacturing technologies and capabilities of CIT and Takasago’s unique and patented fermentation technologies, we expect significant quality, cost, and efficiency improvements,” said Satoshi Masumura, president and CEO of Takasago. “The acquisition will also enable Takasago to address the ever increasing consumer demands for natural ingredients and to become a key player in the natural ingredients arena.”
Additionally, it is anticipated that CIT will also contribute to the future of the Takasago Group as it will be designated the development center for new natural ingredients. Located in Rockingham, N.C., CIT was founded by Mohamad Farbood in 1998. He will remain the key principal of CIT.