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Synopsis
Alvinesa Natural Ingredients, a natural ingredients manufacturer, completed the acquisition of Cades Penedes, a wine manufacturer. Financial terms were not disclosed. “We are excited to welcome the Cades Penedes team into the Alvinesa family. The addition of their excellent grape raw materials supports our mission to provide our customers with unsurpassed quality, top-performing plant-based ingredients that are produced in the most sustainable and environmentally friendly way. This acquisition further strengthens our ability to support the product development and consumer marketing needs of the global nutrition, food and beverage product sectors,” Jordi Ferre, Alvinesa CEO.
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