Oterra continues its strong growth acceleration announcing the acquisition of Food Ingredient Solutions.
Founded in 1999, Food Ingredient Solutions is a leading producer of colours and natural antioxidants, with a strong exposure to, and growth from, natural colours. The Company serves more than 400 customers annually and has two certified processing facilities located in Teterboro, New Jersey, and Marshfield, Missouri.
Commented Cees de Jong, Chairman, Oterra: “North America is one of the fastest growing natural colours markets, and this acquisition puts Oterra in a great position to further support our customers in the conversion towards natural colours.”
Said Jeff Greaves, Founder and CEO, Food Ingredient Solutions: “I’m thrilled that Food Ingredient Solutions will become a part of Oterra. We have a strong local presence and great customer relationships, and as Oterra we will be able to offer our customers access to the most extensive portfolio of natural colours in the world.”
Concluded Odd Erik Hansen, CEO, Oterra: “We look forward to welcoming the Food Ingredient Solutions team to Oterra. They will join a strong team of dedicated natural colour specialists from around the world, and their addition will be met with excitement, especially from our US employees as we further strengthen our US position.” For more visit Oterra.com
