RPM Acquires US Food Stabilizer Manufacturer
Holton supplies high-strength dry egg white products, used with its food stabilizers, for small- or large-scale, high-speed production
"Holton, with its high degree of expertise in food stabilizers, is a good strategic fit with our subsidiary, Mantrose-Haeuser. The acquisition expands Mantrose's range of specialty food ingredients and provides a key entry into the bakery market," stated Frank C. Sullivan, RPM chairman and chief executive officer. "We expect to grow Holton internationally by leveraging its products across the Mantrose-Haeuser distribution network."