In an effort to become world leader in the fragmented food ingredients market Denmark’s Danisco continues its hunt for suitable takeovers, the company’s CEO Alf Duch-Pedersen said in an interview with Reuters.

“We look at acquisition opportunities all over the world, including emerging markets such as China and Russia,” Duch-Pedersen said.

Danisco sales have grown at an average rate of 7.7% over the past five years to DKr23.5bn (US$2.8bn) in the 2000/01 financial year to end-April. Since 1999, Danisco has taken over Finnish food ingredients company Cultor for more than US$1.1bn, US Florida Flavors and recently Australian Germantown to strengthen its position in Australia, New Zealand, Asia and the Americas in a US$100m deal.

Danisco has almost completed its DKr10bn divestment programme of non-core activities, notably packaging activities, and now focuses on becoming a sole food ingredients, sweeteners and sugar company.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.