Chr. Hansen Natural Colors has announced its acquisition of food and beverage colours provider, Secna Natural Ingredients Group.
The deal marks Chr. Hansen Natural Colors’ first major transaction since being acquired by private equity firm EQT and becoming a standalone company.
The Secna Group is a holding of several companies, with a presence in Spain, Italy and Turkey.
With the deal, Chr. Hansen Natural Colors will gain access to Secna Group’s pigment portfolio, which includes anthocyanins from black carrots and grape.
Commenting on the partnership, Secna Group CEO Gabriel Muñoz said: “It’s a win–win situation as Chr. Hansen Natural Colors will add our strong pigment offerings in anthocyanins and caramel to their collection, while providing our valued customers and suppliers with access to their portfolio, technologies and market reach, which is the most extensive in the industry.”
Odd Erik Hansen, CEO, Chr. Hansen Natural Colors, said: “This is the first of many exciting milestones for us as a standalone company. We look to enhance our value proposition and strengthen our operational platform together with the team at Secna at a time when demand for naturally sourced colours is increasing.”
Klaus Bjerrum, COO, Chr. Hansen Natural Colors, added: “The combination of our colour platforms puts us in a prime position to better serve the market and our customers, and we’re looking forward to welcoming Secna Group’s 100 employees to the Chr. Hansen Natural Colors team.”
The financial terms of the transaction have not been disclosed.
© FoodBev Media Ltd 2020
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry.
Don’t miss out on having your innovations recognised on a global scale.
Early bird deadline 11 June – enter now!