News
Firmenich acquires organic certified natural flavours manufacturer
8 Jan 2018Firmenich is acquiring Natural Flavors, a manufacturer of organic certified natural flavours said to have developed and commercialized the first organic certified flavours in North America during the late 1990s.
Firmenich is acquiring Natural Flavors, a privately-held manufacturer of organic certified natural flavours. Headquartered in Newark, NJ, U.S.A., Natural Flavors is said to be a pioneer in organic flavouring, including having developed and commercialized the first organic certified flavours in North America during the late 1990s. Today, Natural Flavors offers a range of organic certified and natural flavour solutions to meet the needs of food and beverage customers in high growth, in-demand categories.
“Under the Stein family’s vision, Natural Flavors has established itself as a leader in certified organic flavours and a recognized pioneer of the organic movement”, said Patrick Firmenich, Chairman of the Board, Firmenich. “Building on our shared family values, we look forward to taking their legacy forward to delight consumers around the world.”“By joining Firmenich, we are confident Natural Flavors is positioned to realize its full potential,” said Jason Stein, Executive VP, Natural Flavors. “Our longstanding goal of providing our customers with high quality natural and organic flavours is perfectly complemented by Firmenich’s culture of innovation, creativity and its world-class regulatory team.” “I look forward to combining Natural Flavors’ best-in-class organic certified portfolio with our expertise, in order to offer our customers the broadest variety of creative natural solutions in our industry”, said Gilbert Ghostine, CEO, Firmenich. As consumer preference for organic certified food and beverages continues to increase, Firmenich is now even more strongly positioned to meet this demand. By combining its capabilities with Natural Flavors’ extensive palette of organic certified raw materials, Firmenich is committed to shaping winning solutions for its customers to delight consumers across North America and beyond. Completion of the transaction is subject to clearance by the relevant regulatory authorities and is expected to close by March 2018.