WILD Finalizes Acquisition of A.M. Todd Ingredients | FlavorsPublished in Featured Press Releases on Wednesday, November 2, 2011
Acquisition Expands WILD's Portfolio of Natural Flavors and Ingredients with the purchase of World's Brand Name Leader for Mint Flavors and Value-Added Natural Mint Ingredients
Zug, Switzerland, and Kalamazoo, MI, USA - November 2, 2011 - WILD Flavors GmbH (WILD) has completed theacquisition of certain assets of A.M. Todd Ingredients | Flavors (A.M. Todd), a global leader providing Natural Mint Oils and Flavors for over 142 years, based in Kalamazoo, Michigan. The A.M. Todd India PVT. Ltd's location in Asia is in one of the main worldwide geographical areas for growing mint plants and will allow for increased procurement of mint varieties. A.M. Todd has sales that total greater than $100 million. Other financial terms of the transaction were not disclosed.
In addition to purchasing A.M. Todd's natural mint business, WILD is acquiring unique science and technologies for the development and production of organic flavors, natural ingredients and plant extracts, which will enhance WILD's natural flavor, color, and ingredient offerings.
"With the addition of A.M. Todd's product portfolio, WILD will be able to combine the advantages of natural mint oils with its specialized technologies in Health Ingredients, Colors, Taste Modification and Flavors to provide innovative and natural solutions to existing and new customer groups," commented Mr. Michael Ponder, Chief Executive Officer of WILD Flavors GmbH.
According to WILD Flavors, Inc.'s Chief Operating Officer, Dr. Erik Donhowe, "The acquisition will provide both companies the availability of greater resources, increased creativity and broader product lines resulting in new natural ingredients and product concepts, to significantly increase our customers' successes." With this acquisition, WILD will continue to bring natural ingredients, innovations and new technologies to the Food and Beverage markets.
About WILD Flavors GmbH
WILD Flavors GmbH, based in Zug, Switzerland, is one of the world's leading privately-owned manufacturers of natural ingredients for the food and beverage industry. WILD Flavors provides specific flavors, colors, and ingredients as well as innovative and great tasting concepts through application expertise and technological advancements. For more information about WILD, please visit:www.wildflavors.comorwww.wild.de.
About A. M. Todd
A.M. Todd Company offers specialty distilled & blended mint oils, natural & NOP certified organic flavors, distillates & extracts and botanical ingredients. It specializes in designing impactful flavor profiles, creating unique new flavoring approaches and solving complex problems with existing flavoring systems to help customers meet today’s consumer taste demands. The company was founded in 1869 and is based in Kalamazoo, Michigan with additional locations in India and Europe.[www.amtodd.com]
WILD Flavors GmbH
Dr. Erik Donhowe
Chief Operating Officer
WILD Flavors, Inc.
1261 Pacific Avenue
Erlanger, KY 41018