Acacia gum specialists Alland & Robert have announced a new joint venture, which will enable it to more precisely target the Indian market.
The company is collaborating with Sayaji Industries in a 50:50 joint venture to produce acacia gum locally, using Alland & Robert’s experience in manufacturing natural gums and Sayaji’s understanding of the Indian market.
Acacia gum, also known as Arabic, is a natural food ingredient used in flavours, beverages, confectionery, dairy, bakery and dietary products. It is already found in thousands of food and beverage applications, with France-based Alland & Robert harvesting the acacia fibres for its own portfolio of acacia products in the African Sahel.
The new joint venture will be called Alland & Sayaji. The rest of Alland & Robert’s business will remain unchanged.
Frédéric Alland, CEO at Alland & Robert, said: “This joint venture will give Alland & Robert the opportunity to offer its high-quality products to the Indian market. Our partnership with a successful local enterprise will get us closer to the customers’ needs of this particular and dynamic new market. Alland & Robert is a 135-year-old family company that has always aimed at expanding its reach in the world. We are proud to take on new challenges to ensure our success.”
Priyam Mehta, CMD of Sayaji Industries, added: “We are delighted to join hands with Alland & Robert, a company that has been an expert in this field since 1884. We will leverage the expertise of both companies – Sayaji Industries’ strong presence in the Indian food and beverage market and Alland & Robert’s unique technological knowhow. We are looking forward to working closely with Alland & Robert on developing this partnership.”
© FoodBev Media Ltd 2019
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