Intertaste has acquired the Belgian herbs, spices, dried vegetables and seasonings business of Caldic for an undisclosed amount.
The acquisition will allow Intertaste to further strengthen its position in Belgium, France and the Netherlands. “Besides expanding the product offering, the herbs and spice business fits seamlessly with the Intertaste portfolio of in-house processed high quality and purity ingredients,” the business said. The transaction is expected to be officially completed on 20 April.
In a statement, the two companies said: “The divestment of its herbs and spices activity, which has its own market dynamics, allows Caldic to continue its focus on its rapidly growing food ingredient business. Caldic aims to accelerate growth by focusing on this field and by offering tailored and value added solutions for their customers.”
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