The company estimates that the acquisition will be finalised within the coming weeks, after being approved by antitrust authorities.
The savoury activity of Chr Hansen develops, produces and markets innovative savoury solutions including flavours, seasoning compounds and functional ingredients for the food industry, with special emphasis on processed meat and convenience food applications.
It’s regarded as a leader in savoury solutions, with an extensive customer base consisting mainly of the leading Italian meat processors, and also enjoys export sales in Russia, Ukraine, Poland, the Czech Republic and France.
Chr Hansen savoury activity’s sales totalled approximately €18.3m in 2010, and its operating margin was 15%.
Source: Frutarom
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