Firmenich to Acquire Natural Flavors
Natural Flavors offers an extensive range of organic certified and natural flavor solutions to meet the needs of food and beverage customers
Firmenich is acquiring Natural Flavors, Inc., a privately-held manufacturer of high-quality organic certified natural flavors. Headquartered in Newark, N.J., Natural Flavors is recognized as a pioneer in organic flavoring, including having developed and commercialized the first organic certified flavors in North America during the late 1990s. Today, Natural Flavors offers an extensive range of organic certified and natural flavor solutions to meet the needs of food and beverage customers in high growth, in-demand categories.
“Under the Stein family’s vision, Natural Flavors has established itself as a leader in certified organic flavors and a recognized pioneer of the organic movement”, said Patrick Firmenich, Chairman of the Board, Firmenich. “Building on our shared family values, we look forward to taking their legacy forward to delight consumers around the world.
“By joining Firmenich, we are confident Natural Flavors is positioned to realize its full potential,” remarked Jason Stein, Executive VP, Natural Flavors. “Our longstanding goal of providing our customers with high quality natural and organic flavors is perfectly complemented by Firmenich’s culture of innovation, creativity and its world-class regulatory team.”
“I look forward to combining Natural Flavors’ best-in-class organic certified portfolio with our expertise, in order to offer our customers the broadest variety of creative natural solutions in our industry”, added Gilbert Ghostine, CEO, Firmenich.
As consumer preference for organic certified food and beverages continues to increase, Firmenich is now even more strongly positioned to meet this demand. By combining its capabilities with Natural Flavors’ extensive palette of organic certified raw materials, Firmenich is committed to shaping winning solutions for its customers to delight consumers across North America and beyond.
The completion of this transaction is subject to clearance by the relevant regulatory authorities and is expected to close by March 2018.