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Breaking News

WILD Completes Todd Purchase

November 4, 2011
November 2/Zug, Switzerland, and Kalamazoo, Mich./Press Release -- WILD Flavors GmbH completed the acquisition of certain assets of A.M. Todd Ingredients | Flavors, a provider of 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 totaling 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.”

 From the November 4, 2011, Prepared Foods' Daily News.

KEYWORDS: acquisitions flavors ingredients mint natural wild

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