Sector News

Capol acquires Colarome to strengthen North American position

October 6, 2017
Food & Drink

Elmshorn-based Capol GmbH, a Business Unit of Freudenberg Chemical Specialities, SE & Co. KG (FCS), is set to acquire Colarôme Inc., Saint Hubert, Canada with immediate effect.

Capol expects to benefit from future important synergies both for product innovation and market penetration. As part of the acquisition, Capol obtains a new production plant in North America which will further strengthen the business in this region and abroad.

Both Capol and Colarôme have deep expert knowledge in special applications of the food industry, particularly in the confectionery market. The Capol portfolio serves all applications of the confectionery industry requiring surface treatment, e.g. anti-sticking agents for gums and jellies, glazes and polishing agents for sugar dragées or chocolate-coated centers. Colarôme, based in St. Hubert in the greater Montreal region, was founded in 1998. The company holds patents on a production technology for a unique line of natural pigments allowing to create innovative coating products for food applications. The company offers flavor formulations and natural color pigments as well as natural vanilla extracts. Colarôme currently employs 17 people. The acquisition builds the foundation to further expand the global Capol business.

“Additives for the food industry are an attractive market segment in the long term. Having Colarôme now in our portfolio, we will be able to strategically develop this business segment”, says Hanno D. Wentzler, President and CEO of FCS. “Both Capol and Colarôme have very similar business models, so we expect a swift integration into Capol”, he said.

“For Capol the acquisition generates substantial synergy effects. We will be even better able to offer and develop products that precisely meet our customers’ requirements. The acquisition is a further step to expand our position as leading player for coatings in the confectionery industry. The Colarôme production plant in Canada will help us to react even more rapidly to customer demands”, Christian Hauk, CEO of Capol GmbH emphasizes.

Source: Food Ingredients First

comments closed

Related News

November 28, 2021

“Free from” trends take on myriad of meanings as health and environmental concerns come into sharper focus

Food & Drink

Free-from is becoming much more mainstream, moving beyond food allergens and intolerances. While it’s still vital to innovate products for lactose intolerance, gluten allergies and so forth, the umbrella term of free-from has taken on many different meanings.

November 28, 2021

Arla Foods Ingredients unveils milk fractionation tech for infant, sports and medical nutrition

Food & Drink

Arla Foods Ingredients (AFI) is targeting infant formula, sports nutrition and medical nutrition with its new patented milk fractionation technology that separates milk proteins from whey, bypassing the need to make cheese. The Denmark-based company says this move enables scientists, nutritionists and health professionals to create “next-generation” dairy products.

November 28, 2021

Oatly opens first Chinese production facility

Food & Drink

Located in Ma’anshan, Anhui province, the facility has the potential to produce an estimated 150 million litres of oat-based products annually at full capacity. The opening comes just a few months after Oatly – which claims to have established a new Chinese character for ‘plant-based milk’ – inaugurated its first Asian factory in Singapore.

Send this to a friend