International Flavors & Fragrances Inc., a leading innovator of sensory experiences that move the world, today announced that it had acquired Columbia Phytotechnology LLC, a/k/a PowderPure on April 7, 2017.
Founded in the early 2000s and based in Oregon, PowderPure utilizes its patented Infidri™ drying technology to create all-natural food ingredients by eliminating water while leaving the taste, nutrition and color matrix intact. Using minimal processing, PowderPure currently focuses on whole fruits and vegetable powders, juice powders, as well as other specialty products. PowderPure’s technology has also been used to effectively repurpose valuable materials resulting from other food processing systems, turning them into useful and nutritious products and saving them from waste streams.
“With innovation and the pioneering spirit an integral part of the IFF story, this acquisition represents another exciting chapter for us, as it fortifies our industry-leading naturals platform to meet consumers’ growing demand for natural and clean label products,” said IFF Chairman and CEO Andreas Fibig. Mr. Fibig continued, “We are impressed with PowderPure’s commitment to innovation and believe that together, we are uniquely positioned to spark further discoveries.”
Matthias Haeni, Group President, Flavors added, “IFF’s focus on creating natural sustainable solutions for our customers is woven into everything we do. We are excited to work with PowderPure and leverage their fantastic technologies to create minimally processed products from natural ingredients. PowderPure will be a great addition to the IFF family.”
Financial terms of the deal have not been disclosed.
Source: IFF
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
