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Synopsis
AAK, a leading provider of value-adding vegetable oils & fats, acquired Soya International, a UK-based company which focuses on the sourcing, processing and distribution of non-GMO semi-speciality and speciality lecithins. Financial terms were not disclosed. “Lecithin is a key ingredient for many customers within our core segments, especially Chocolate & Confectionery Fats and Bakery, but also Dairy, Special Nutrition, and Personal Care”, says Johan Westman, AAK President and CEO. “By expanding our portfolio with this value-adding ingredient, we will further enhance our co-development capabilities and be able to create even better solutions in close collaboration with our customers globally.”
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