Freudenberg, the global technology company, is expanding its business in the food industry, specifically in confectionery. GmbH, Elmshorn, Germany, a company belonging to the Freudenberg Chemical Specialities Business 性视界, has today announced the acquisition of Inc., Saint Hubert, Canada 鈥� a specialist in natural food additives 鈥� with immediate effect. The company holds production technology patents that enable the manufacture of a unique line of natural pigments. In addition to colorings, 颁辞濒补谤么尘别 also manufactures flavorings and natural vanilla extracts. The company has 17 employees. The transaction includes the acquisition of a 颁辞濒补谤么尘别 production facility in Canada. The acquisition is an important step in the long-term development of Capol鈥檚 global business.
鈥淎dditives for the food industry are an attractive market segment in the long-term. Having 颁辞濒补谤么尘别 now in our portfolio, we will be able to strategically develop this business segment,鈥� says Hanno D. Wentzler, President and CEO of Freudenberg Chemical Specialities. 鈥淏oth Capol and 颁辞濒补谤么尘别 have very similar business models, so we expect a swift integration into Capol,鈥� he said.
Capol and 颁辞濒补谤么尘别 are well-known for their expert know-how in specific segments of the food industry, particularly in the confectionery market. Capol products serve all applications of the confectionery industry requiring surface treatment. The company supplies anti-sticking agents for gums and jellies, as well as glazes and polishing agents for sugar drag茅es and chocolate-coated centers.
鈥淔or Capol, the acquisition generates substantial synergy effects. We will be even better able to offer and develop products that precisely meet our customers鈥� requirements. The acquisition is a further step to expanding our position as an industry leader for coatings in the confectionery industry,鈥� explains Christian Hauk, CEO of Capol GmbH.