Nactis Flavours has completed the acquisition of Belgian fragrance and flavours company Robertet Savoury, which will change its name to Nactis Benelux.
Formerly part of the Robertet Group, it specialises in flavours and hydrolysed vegetable proteins for the condiment, sauce, soup, ready meal and seasoning markets and made a turnover of €14m in 2014. The transaction marks the seventh acquisition in 13 years for Nactis as they attempt to enhance their position within the flavours and aromatic ingredients marketplace.
They will undoubtedly be looking to profit from Robertet Savoury’s distribution network across Northern and Western Europe and sub-Saharan Africa, as Nactis’ founder and chairman Hervé Lecesne indicates: “The acquisition of Robertet Savoury, which we had been looking into since 2009, was finally made possible when our new financial partner MML Capital came on board in November 2014, in line with our plans to resume an external growth strategy that will now have an international focus. This seventh acquisition, the first outside of France, will enable us to take a major step forward towards achieving our goal to double our business over the next three to five years by generating more than 50% of our revenues internationally”
Daniel Faguer, Nactis Flavours’ new CEO, added: “Thanks to the strong presence built up by Nactis Flavours on French and international markets for ready meals, seasonings and aromatics, we will be immediately implementing the synergies that will enable us to strongly develop our new subsidiary’s business”.
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