Announced
Synopsis
Axxence, a European manufacturer of natural aroma ingredients, agreed to mergre with Natural Advantage, a US manufacturer specializing in natural and kosher flavor ingredients. Financial terms were not disclosed. "This merger marks a significant milestone in both companies’ history. By combining our competencies and resources, we not only enhance our geographic reach and customer base but also amplify our capability to produce complex natural aroma ingredients with guaranteed traceability, exceptional product quality, and expedited delivery. Together, Axxence and Natural Advantage are perfectly positioned to meet the growing demand for natural and sustainable products in our industry. We look forward to welcoming the talented team from Natural Advantage and working together to drive innovation and exceptional customer service standards," Ron Honing, Axxence CEO.
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