The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
French savoury ingredient producer, Solina Foods, has announced its acquisition of a majority stake in UK condiments business Zafron Foods. Zafron, which works out of two manufacturing sites, produces mayonnaise, sauces, condiments, dressings, chutneys and deli fillers. The business's brands include Kenny’s, Zafron and Kromberg. Solina says that the acquisition will help it to "develop its product capabilities and portfolio across dry seasonings, coating systems and custom sauces, and a one-stop-shop approach". Solina CEO, Anthony Francheterre, said: “Quick service restaurants, dark kitchens and home meal replacement are driving growth in the sauce sector, particularly in the highly developed UK foodservice market. Yet, there remains a need for custom sauce capacity and capabilities. Solina, with our culinary heritage, and Zafron, with its complementary capabilities and channels, will address that unmet need while advancing our shared mission to make food matter for people and the planet.” The financial terms of the transaction have not been disclosed.