Ingredients giant Danisco has received all the necessary approvals from public authorities for the go-ahead of its acquisition of flavour house Perlarom. The acquisition was finalised on Wednesday.
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Perlarom´s headquarters are located in the Belgian town of Louvain-la-Neuve and will also be Danisco´s future European flavour headquarters. The global flavour headquarters are situated north of London.
The acquisition of Perlarom doubles Danisco´s sales and development capacity in the flavour segment. In the last financial year, Perlarom boasted net sales of about €47m (US$45.3m). The acquisition brings Danisco´s total flavour net sales up to about €240m. Through the years, Perlarom has established a good position within sweet and savoury flavours, which are used in a range of products, such as soft drinks, dairy products, confectionery, alcoholic beverages and bakery products.
Danisco aims to move up from being number nine to a position among the world´s five leading flavour houses.
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By GlobalData
