Sector News

DDW acquires DuPont’s Natural Colors business

July 8, 2019
Food & Drink

DDW, Inc. has acquired the DuPont Natural Colors business, which was part of DuPont’s Nutrition and Biosciences division.

The transaction closed June 28. It added two manufacturing sites in the U.K. and Chile and all related customer contracts to DDW’s The Color House brand. DDW said the acquisition will expand the brand’s global reach while adding technical and manufacturing capabilities in several core natural colors.

“This is the perfect opportunity to expand our portfolio with unique new products and deepen our position in blending and emulsions,” said Ted Nixon, chief executive officer at DDW. “The associates at both sites are very experienced and will ensure that we can continue to provide outstanding products and services during the transition.”

DuPont acquired the business in 2017 as part of its acquisition of FMC’s Health and Nutrition business. The company said natural colors is not an area of focus for its Nutrition and Biosciences division.

“Following a strategic review of the Natural Colors business, we concluded that it would likely deliver greater value as part of a dedicated and leading colors player,” said Matthias Heinzel, president of DuPont Nutrition and Biosciences. “We are convinced that the Natural Colors business will thrive under DDW’s ownership.”

By Sam Danley

Source: Food Business News

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