With the addition of A.M. Todd's product portfolio, WILD will be able to combine the advantages of natural mint oils with its specialized technologies
Zug, Switzerland, and Kalamazoo, MI, USA (PRWEB) November 03, 2011
WILD Flavors GmbH (WILD) has completed the acquisition of certain assets of A.M. Todd Ingredients | Flavors (A.M. Todd), a global leader providing Natural Mint Oils and Flavors for over 142 years, based in Kalamazoo, Michigan. The A.M. Todd India PVT. Ltd’s location in Asia is in one of the main worldwide geographical areas for growing mint plants and will allow for increased procurement of mint varieties. A.M. Todd has sales that total greater than $100 million. Other financial terms of the transaction were not disclosed.
In addition to purchasing A.M. Todd’s natural mint business, WILD is acquiring unique science and technologies for the development and production of organic flavors, natural ingredients and plant extracts, which will enhance WILD’s natural flavor, color, and ingredient offerings.
“With the addition of A.M. Todd’s product portfolio, WILD will be able to combine the advantages of natural mint oils with its specialized technologies in Health Ingredients, Colors, Taste Modification and Flavors to provide innovative and natural solutions to existing and new customer groups,” commented Mr. Michael Ponder, Chief Executive Officer of WILD Flavors GmbH.
According to WILD Flavors, Inc.’s Chief Operating Officer, Dr. Erik Donhowe, “The acquisition will provide both companies the availability of greater resources, increased creativity and broader product lines resulting in new natural ingredients and product concepts, to significantly increase our customers’ successes.”
With this acquisition, WILD will continue to bring natural ingredients, innovations and new technologies to the Food and Beverage markets.
About WILD Flavors GmbH
WILD Flavors GmbH is headquartered in Zug, Switzerland, and is one of the world’s leading suppliers of natural flavors, colors, and ingredients to the food and beverage industry. Through WILD’s 16 worldwide production facilities and its global presence through subsidiaries and numerous application locations, WILD has led the industry for over 80 years in Innovation and Great Taste by providing high-quality, natural products and superior service to its customers. The WILD Flavors product portfolio of natural flavor ingredients and solutions for the food and beverage includes components such as natural flavors and extracts, natural colors, concentrates, sweetening systems, specialty ingredients and seasonings, as well as functional flavors and healthy ingredients, taste modifiers, and fermentation technologies. WILD Flavors' knowledge of global supply markets, as well as technologically advanced production processes, brings value to our customers on a daily basis. http://www.wild.de or http://www.wildflavors.com
About A.M. Todd
A.M. Todd Company offers specialty distilled & blended mint oils, natural & NOP certified organic flavors, distillates & extracts and botanical ingredients. It specializes in designing impactful flavor profiles, creating unique new flavoring approaches and solving complex problems with existing flavoring systems to help customers meet today’s consumer taste demands. The company was founded in 1869 and is based in Kalamazoo, Michigan with additional locations in India and Europe. http://www.amtodd.com.