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Caldic completed the acquisition of CAIF.

Synopsis

Caldic, a chemical supply chain services company, completed the acquisition of Concentrated Active Ingredients & Flavors, a supplier of premium, naturally sourced ingredient solutions. Financial terms were not disclosed. “We are very excited to welcome the CAIF team aboard Caldic. CAIF’s state-of-the-art manufacturing facility and strategically located warehouses enable us to provide our North American customers with an even broader product portfolio as well as custom blends and premixes of natural ingredients targeting the nutrition markets. The passionate R&D team is dedicated to developing innovative solutions which are fully aligned with our ambition to provide value added services that enhance our customers’ business in the US. As our growth trajectory in the food and nutrition market is quickly gaining momentum the addition of the CAIF expertise to our team will be invaluable to further support our business," Anne Brown, Caldic CEO.

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