WILD Flavors and Specialty Ingredients and LiMKON
A strategic partnership on the growth market of Turkey
Istanbul (Turkey)/Zug, Switzerland/Adana (Turkey), September 5, 2013. WILD Flavors and Specialty Ingredients Turkey, a subsidiary of WILD Flavors and Specialty Ingredients (WILD), and LIMKON will now be working in close conjunction on the Turkish and international market. Their joint goal is to continue to develop business in this growth region by providing an attractive portfolio of beverages which feature a high juice content.
Turkey grows fruit crops of international significance, and the country is also an interesting sales market for beverages. To make optimal use of both of these potential areas, WILD Flavors and Specialty Ingredients, one of the world's largest suppliers of natural ingredients for the food market, and LIMKON, a leading manufacturer of fruit and vegetable concentrates and purees in Turkey, have formally entered a partnership agreement.
A strategically advantageous position
WILD Flavors and Specialty Ingredients has been on site in Turkey since 2004. Currently some 20 employees in Istanbul work for WILD Flavors and Specialty Ingredients’ beverage laboratory and in sales. With their expertise, they quickly helped establish WILD Flavors and Specialty Ingredients as a competent supplier on the Turkish market. Founded in 2007, LIMKON operates its production facility in the heart of Adana's fruit-growing region. The fruit-processing company is not only located in outstanding proximity to raw materials, it also works with state-of-the-art technologies and has the highest quality standards. Furthermore, its site in southeastern Turkey is very logistically appealing due to its access to the Mediterranean via the ports in Mersin and Iskenderun.
LIMKON belongs to the Ankara-based Turkish conglomerate LIMAK. LIMAK Holding is one of the top-tier holding groups of Turkey, active in construction, energy, transport, infrastructure, cement, tourism, fruit juice concentrate.
A single source for everything
In the past several years, LIMKON has ranked among the companies that obtain their compounds and flavors from WILD Flavors and Specialty Ingredients. Now the two companies have officially formed a partnership. The goal is to leverage the expertise of both businesses and offer the Turkish beverage industry a unique portfolio: combining WILD Flavors and Specialty Ingredients’ flavors and compounds with LIMKON's concentrates and purees will be especially attractive to manufacturers of beverages with a high juice content, but they will also appeal to other customers in the food industry. The collaboration offers the two companies the opportunity to give full service to the manufacturers in the promising Turkish market with a gradually growing beverage consumption every year.
Furthermore, with the partnership with WILD Flavors and Specialty Ingredients LIMKON aims to increase its production capacity, which leads LIMAK to invest more in the juice business now based on the joint synergy with the ingredients producer. WILD Flavors and Specialty Ingredients in turn benefits by obtaining a site for its own production.
Beginning production in the late fall
With the agreement signed, WILD Flavors and Specialty Ingredients intends to build a new production facility for compounds by the beginning of the harvest season in late fall in Adana. The beverage ingredients will be processed there and sent to customers. WILD Flavors and Specialty Ingredients and LIMKON are convinced that their joint approach to the market will continue to enhance their strategic position in Turkey as well as create new target groups.
About WILD Flavors and Specialty Ingredients
WILD Flavors and Specialty Ingredients is headquartered in Zug, Switzerland, and is one of the world’s leading suppliers of natural ingredients to the food and beverage industry. In addition to its main management office in Zug, subsidiaries with major production sites are located in Heidelberg-Eppelheim, Germany (WILD Flavors and Specialty Ingredients) and Erlanger, Kentucky, USA (WILD Flavors and Specialty Ingredients). Thirteen further production sites are situated in Europe, USA, Canada, China, Japan, India and Dubai.
The WILD Flavors and Specialty Ingredients product portfolio includes full flavor and ingredient solutions, known as flavor systems, fruit juice concentrates and blends as well as other food and beverage ingredients: natural flavors and extracts, mint oils and flavors, colors from natural sources, sweetening systems, seasonings and specialty ingredients such as taste modifiers. Fermentation technologies complete the portfolio. WILD Flavors and Specialty Ingredients provides the global beverage and dairy market as well as the baked-goods, confectionery and ice cream industry with its products. In the USA and Canada, WILD Flavors and Specialty Ingredients is a supplier for the cereals, snacks, and processed food markets as well. For more information about WILD Flavors and Specialty Ingredients, please visit: www.wildflavors.com.
About LIMKON Food
LIMKON is one of Turkey's leading suppliers of fruit juices, fruit-juice concentrates and purees as well as vegetable products. Being a subsidiary company and the only food group of LIMAK HOLDING with its headquarters in Ankara, the company was founded in 2007. The production facility in Adana is equipped with state-of-the-art technology. The ISO 9001:2008/ISO 22000:2005/ International Food Standard (IFS) Version 05 and BRC (Global Standard for Food Safety) Issue 06 and Kosher certified company is also a member of Sure-Global-Fair (SGF) and is 3rd party audited and approved since 2008 when its first production at its facility started. LIMKON has reached to a success where now it exports its products to 30 different countries in the world and has become a significant supplier to brand names in the domestic and international market.
WILD Flavors and Specialty Ingredients
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Birol Ìlker Güney
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Tel: 0312 446 88 00
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