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Naturex acquires Pektowin.

* Natural ingredients supplier Naturex has reached an agreement with the Polish Industrial Development Agency (Agencja Rozwoju Przemyslu S.A - ARP) to acquire Zpow Pektowin SA (Pektowin). The Jaslo, Poland-based company specializes in the production of apple and citrus pectins, fruit and vegetable juice concentrates and, for a smaller proportion, the preparation of processed food products.

The full completion of this acquisition is subject to the final agreement of the Polish Ministry of the Treasury, which was expected to confirm the privatization of frktowin by Feb. 1, 2012.

This is the second acquisition in the past year for Naturex; it purchased Burgundy Botanical Extracts in October 2011. The move fits in perfectly with the group's strategy to accelerate its international development, expand its product range and strengthen its industrial presence, particularly in emerging countries.

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Title Annotation:Supplier's Corner
Publication:Household & Personal Products Industry
Date:Feb 1, 2012
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