Ingredion has expanded its speciality ingredients portfolio with the acquisition of KaTech, a German provider of advanced texture and stabilisation solutions.
Headquartered in Lübeck, KaTech is a privately held company that offers a variety of solutions that assist food and beverage manufacturers with product formulation, ingredient functionality and technical assistance.
The German firm is said to have application expertise in areas such as stabilisation, texture enhancement, protein enrichment and emulsification; with a strong focus on plant-based, dairy and dairy alternatives, meat and fish, savoury and bakery products.
Founded in 2010, KaTech operates two locations in Germany, one in the UK and one in Poland. It has approximately 95 employees.
Ingredion says the acquisition will expand its Food Systems platform with stabilising and texturising solutions and broaden its customer base.
“KaTech has deep food formulation expertise which complements our leading texture business in Europe,” said Jim Zallie, Ingredion’s president and CEO.
“The addition of KaTech enhances our ability to formulate customised, complete food solutions leveraging Ingredion’s expanded ingredients portfolio. It also expands the geographic footprint of our Food Systems growth platform complementing our positions in the US and Asia,” he added.
Financial terms of the deal were not disclosed.
Last November, Ingredion agreed to acquire the remaining stake in Verdient Foods, taking its ownership of the plant-based protein joint venture to 100%.
© FoodBev Media Ltd 2020
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