Announced
Financials
Tags
seasonings and flavors
Acquisition
India
Private
Food Products
Private Equity
Synopsis
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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