Sector News

Cargill to acquire FMC’s pectin operations

August 11, 2015
Food & Drink
Cargill has signed an agreement with FMC to acquire its pectin operations, including a production site in Milazzo, Sicily (Italy). 
 
Pectin is a key component of Cargill’s texturizing portfolio and the company is keen to further develop its offering. 
 
“We took this step so we can provide food companies around the world with a strong supply of high quality pectin available; a ‘label-friendly’ food ingredient for which we see a clear growing demand,” says Colleen May, president of Cargill’s texturizing solutions business. “With a direct access to fresh citrus peel, the facility is ideally located. It will be a perfect addition to our existing network of facilities in Europe and complement our supply chain.
 
The Milazzo plant is a highly specialized pectin production facility located in the middle of the citrus orchards near the Tyrrhenian Sea in Sicily. Since 1990 the facility produces high quality HM (high methoxyl) pectin, running primarily on fresh peel. The site comprises fresh peel washing and drying equipment, a pectin production line, dry peel storage silos and a quality control laboratory. It is operated by an experienced team with an outstanding processing and safety record.
 
Frank Monmont, EMEA regional director of Cargill’s texturizing solutions business explains: “This acquisition underlines our commitment to drive distinctive value for our stakeholders. We intend to further develop the relationship with the local lemon processing companies, ultimately to the benefit of our customers, who seek reliable partners to meet their growing pectin demand”. 
 
The transaction is subject to regulatory approvals and is expected to close in the next few months.
 
Source: World Bakers

comments closed

Related News

December 5, 2021

Tetra Pak dairy manager identifies environmental health as key industry driver in COVID-19 age

Food & Drink

Environmental sustainability and net-zero emissions targets are the key change drivers in dairy packaging and processing right now, according to Bengt Eliasson, category manager for dairy ambient at Tetra Pak. In this wide-ranging interview with PackagingInsights, Eliasson discusses the Swedish-Swiss food packaging and processing giant’s latest low-carbon circular packaging and processing equipment technologies.

December 5, 2021

Chr. Hansen’s fermentation-enabled bioprotective FreshQ solution scores innovation award

Food & Drink

A panel of industry experts selected Chr. Hansen’s FreshQ concept at this year’s Fi Europe Innovation Awards in Frankfurt, Germany. The Food Tech Innovation Award was presented to the company’s range of next-generation food cultures, which are pegged as a “game-changer in terms of low impact on post-acidification” in fermented dairy.

December 5, 2021

China sets formal standard for businesses to use cage-free eggs

Food & Drink

In a move to scale cage-free egg regulations to market behest, the China Chain Store and Franchise Association (CCFA) and the China Animal Health and Food Safety Alliance (CAFA) have set a formal standard to define which eggs and egg products are to be marketed as cage-free.

Send this to a friend