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Announced

Firmenich acquired VKL Seasoning from True North.

Financials

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Capital Bid For100%
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seasonings and flavors

Acquisition

India

Private

Food Products

Private Equity

Synopsis

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Firmenich, a private Swiss company in the fragrance and flavor business, acquired VKL Seasoning, a leader in seasonings and flavors in India, from True North, an Indian private equity company. Financial terms were not disclosed. "India is a critical market for Firmenich and we are committed to investing in our business here both for short and long-term growth," says Patrick Firmenich, Chairman of the Board, Firmenich. "VKL and Firmenich are extremely complementary to one another and together will offer one of the broadest and most innovative portfolios available to food and beverage companies in India."

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