The full completion of this acquisition is subject to the final agreement of the Polish Ministry of the Treasury, which should confirm the privatisation of Pektowin by the end of January 2012.
This second acquisition of the year (purchase of Burgundy Botanical Extracts on 24 October 2011) fits in perfectly with the Group’s strategy to accelerate its international development, expand its product range and strengthen its industrial presence, particularly in emerging countries.
Pektowin benefits from a high-capacity industrial tool dedicated to the production of apple and citrus pectins, and located at the heart of one of the major regions of raw materials used for the production of apple pectins.
The acquisition of Pektowin also represents an opportunity for Naturex to gain a new production capacity in the field of juice concentrates.
Pektowin is one of the main Polish producers of fruit (mainly apples) and vegetable (especially red beets and black radishes) juice concentrates, and produces over 6,000 tonnes of concentrates each year.
Source: Naturex
© FoodBev Media Ltd 2024