Glanbia Nutritionals acquires Canadian Foodarom flavour business
Glanbia Nutritionals, a subsidiary of Irish-based Glanbia plc, with product ranges within the snacks segment has forged a deal to acquire Canada’s Foodarom, specialising in flavour designing and manufacturing across the sector.
According to Glanbia, the latest addition to its portfolio has key experience in the industry, developing a flavour library of over 15,000 recipes and presently produces both liquid and powder products for various applications.
Foodarom, which employs 130 people, was founded in 2006 as a private company by Pierre Miclette (CEO) and John Murphy (COO) and two shareholder investors. It is headquartered in Montreal, Canada, with additional production facilities in Salt Lake City, U.S. and Bremen, Germany and with culinary laboratories in San Diego, U.S.
The Canadian firm is said to be highly complementary to Glanbia Nutritionals’ solutions-based customer approach and focus areas, strengthening Glanbia’s capability in the area of flavors and nutritional solutions. The knowledge and experience of the combined R&D teams will further strengthen Glanbia’s growing position in flavours, and further enhance Glanbia’s ability to provide optimised ingredient systems to its customers.
As Confectionery Production recently reported, the business had enjoyed a strong financial start to the year despite wider market disruptions, which had placed the business in a strong position to expand its operations.
“We recently shared our ambition to scale the flavours area of our business and we are very pleased to announce this acquisition of Foodarom,” said Brian Phelan, CEO of Glanbia Nutritionals. “We are excited to welcome its 130–strong team to Glanbia with their exceptional reputation and commitment to flavour excellence. I am delighted with the significant additional capabilities we will be able to offer the customers of both organisations by joining our great teams together.”
“Foodarom begins a new journey full of excitement and surrounded by its greatest asset, its employees,” said Pierre Miclette, CEO of Foodarom. “This new chapter in our story is an important step forward that will contribute to Foodarom’s development.”