EQT-backed Oterra completed the acquisition of Food Ingredient Solutions.

EQT-backed Oterra, the largest global provider of naturally sourced colors for the food, beverage, dietary supplements and pet food industry, completed the acquisition of Food Ingredient Solutions, an American producer of colors and natural antioxidants. Financial terms were not disclosed. "North America is one of the fastest-growing natural colors markets, and this acquisition puts Oterra in a great position to further support our customers in the conversion towards natural colors," Cees de Jong, Oterra Chairman.