Valentine has two production sites located near Mumbai.
This third acquisition, since the capital increase in October 2011. Naturex hopes to significantly enhance its sales coverage in India through the acquisition of Valentine Agro.
Jacques Dikansky, president and CEO and founder of Naturex, said: “This acquisition provides us not only with a dynamic commercial presence in India but also allows us to become a producer in this country in order to best respond to the local issues that our clients face.
“The tremendous growth potential of Valentine in a market enjoying high growth, combined with Naturex’s technical and scientific expertise will open great opportunities for us.”
Source: Naturex
© FoodBev Media Ltd 2024