WILD Flavors completes takeover of natural extracts firm Alfrebro

WILD Flavors, a US-based food and beverage ingredients manufacturer, has completed the takeover of natural extracts and aroma chemicals maker Alfrebro for an undisclosed amount.

The acquisition is a key step to strengthen a differentiated and integrated supply chain for the benefit of customers, the company said.

While expanding its processing capabilities, the deal positions WILD Flavors to expand its presence into unique flavours, extracts and aromas for the food and beverage segments, and also reinforces its health and wellness focus and initiatives.

WILD Flavors Global CEO Michael Ponder said that Alfrebro’s business will provide improved raw material access while strengthening the company’s existing flavour and extract capabilities.

"By broadening our product offering and by providing a truly global supply chain, our customers will profit from WILD Flavors’ unique full-solution approach as the single source of supply for every ingredient needed to produce a high-quality, finished product."

WILD Flavors COO Vince Macciocchi said, "The opportunities with Alfrebro represent vertical integration, access to new flavour ingredients, increased manufacturing capabilities and additional cost savings."

Alfrebro stated that the deal allows it to continue to develop novel flavour ingredients.

Alfrebro owner David Moats said that Alfrebro is excited about becoming part of WILD, adding: "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."

WILD has been strengthening its global footprint through a series of acquisitions – in July, it partnered with Amazon Flavors in Brazil to establish a production base in the country.

In May, the company opened a new subsidiary in Singapore and also announced investments at its existing production, development and sales locations in India.