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

comments closed

Related News

November 27, 2022

Cargill to appoint Brian Sikes as president and CEO

Food & Drink

Cargill will appoint Brian Sikes as its president and chief executive officer on 1 January 2023. The soon-to-be CEO, currently holding the chief operating officer title, has worked at Cargill for 31 years. Dave MacLennan, who has served as Cargill’s CEO since 2013, will assume the role of executive chair of the company’s board of directors.

November 27, 2022

Wellness, self-expression drive the latest trends in colors and flavors

Food & Drink

Comforting colors, feel-good flavors, and unique food and beverage experiences will resonate most with consumers in the new year, according to ADM’s latest Flavor and Color Outlook. ADM anticipates that 2023 will be the year of self-expression, and the company identified four trends that are sure to stand out.

November 27, 2022

Nespresso unveils home-compostable coffee capsules in partnership with Huhtamaki

Food & Drink

Nestlé’s Nespresso brand will pilot home-compostable coffee capsules on the Nespresso Original system in France and Switzerland from spring 2023 before further launches in several other European countries within a year. The paper-based capsules are touted as a breakthrough in packaging technology after three years of R&D.