Layn Partners with Firmenich to Leverage Combined Natural Sweetener Formulation Expertise
Under the terms of the agreement, Layn will continue to service its existing clients for the duration of those commitments while Firmenich becomes the exclusive distributor of Layn’s natural sweetener ingredients
Layn Natural Ingredients entered a strategic agreement with Firmenich, a privately owned company in the flavor and fragrance business. Capitalizing on its leadership in the plant-based, high-potency sweetener industry, this agreement significantly increases Layn’s distribution reach and provides access to formulation expertise globally to further develop Layn’s extensive sweetener portfolio. Founded in 1895 and based in Geneva, Switzerland, Firmenich has created many of the world’s best-known perfumes and flavors and continues to lead the market with substantial investments in world-class research and R&D, of which Layn’s products stand to benefit from.
“We are delighted to partner with Firmenich and to build on their expertise and scale to amplify our market coverage worldwide,” said Mr Ben Jun Qin, Chairman of Layn Natural Ingredients Corporation. “This agreement will allow Layn to better serve our existing customers and reach many new ones, allowing us to invest more in agronomy and in the extraction of high performance natural ingredients.”