US-based Wild Flavors has bought Alfrebro, a manufacturer of natural extracts and aroma chemicals, advanced proprietary technologies, and expanded processing capabilities.
With this deal, the company will expand into the production of unique flavors, extracts, and aromas for the beverage market, as well as bolster its Health and Wellness focus and initiatives.
Commenting on the transaction, Wild Flavors Global CEO Michael Ponder said that Alfrebro's business will provide improved raw material access while strengthening our existing flavor and extract capabilities.
Alfrebro owner David Moats said, "The company has long-standing national, regional, and international relationships with many large flavor and CPG companies; the combination of WILD's Aroma Chemical Business and Alfrebro will provide unique and value-added ingredients.
"Our new relationship with the WILD organization allows us to continue to develop novel flavor ingredients."
Wild Flavors develops and manufactures natural ingredients, flavors, and colors for the food and beverage industry worldwide. The company offers products for alcoholic and non-alcoholic beverages, as well as food applications, such as bakery, cereals, cheese, culinary, dairy, foodservice, savory, seasonings, snacks, and sweets.