Ingredients, flavours and cheese producer Carbery Group has acquired savoury flavour and ingredient supplier, Innova Flavors, from Griffith Foods Worldwide.
Innova supplies customised savoury flavours and ingredients to customers around the world. Their manufacturing facilities are based in the Chicago area, as is the HQ of Synergy US.
The new company will be an addition to Synergy, Carbery’s international flavours business.
According to Carbery, Innova will bring a new range of savoury solutions to customers who partner with Synergy on the creation and growth of their product portfolios. Known in the US for its sweet flavours, extracts and essences, this strategic purchase is expected to expand the savoury capabilities of Synergy US and complement Synergy’s offerings worldwide.
TJ Sullivan, Chairman of Carbery Group, said: “Through a series of acquisitions in the UK, the USA, Europe, South America and Asia, we have successfully built Synergy, our international flavours business. This new acquisition brings new opportunities with customers and markets that will strengthen the returns across our whole business.”
Rod Sowders, President and CEO of Synergy Flavors Americas, added: “This acquisition offers significant benefits to Synergy customers by providing them access to a proven range of flavours to meet the growing demand for natural flavourings and savoury ingredients, and these products complement Synergy’s current offerings.
“In addition, our global footprint and history of investment in acquisitions will allow Innova customers to benefit from the deep flavour expertise and global reach of our organisation.”