- THE MAGAZINE
- NEW PRODUCTS
In an effort to reach new markets and gain access to more technologies, WILD Flavors GmbH (WILD) has acquired certain assets of the A.M. Todd Group Inc.
Kalamazoo, Mich.-based A.M. Todd is a leading provider of mint flavors and ingredients and also has developed unique technologies related to organic flavors and ingredients. The company was founded in 1859 and has additional facilities in India and Europe.
“This transaction allows for further growth and leadership in creative product development resulting in great tasting products for the food and beverage industry,” says Erik Donhowe, WILD Flavors North America’s coo.
Michael Ponder, ceo of Zug, Switzerland-based WILD, says the acquisition will strengthen his company’s ability to meet and exceed customers’ requirements.
Meanwhile, Raymond Hughes, A.M. Todd’s president and ceo, says he believes WILD’s global business structure and strategies will strengthen and complement the mint and ingredient work done at A.M. Todd.
Once approved by the shareholders of A.M. Todd, the acquisition is slated to be finalized Oct. 31.