WILD Flavors and Specialty Ingredients Acquires Alfrebro, LLC

WILD Flavors and Specialty Ingredients Strengthens its Position Worldwide by
Acquiring One of the Largest Natural Aroma Chemical Suppliers

November 25, 2013 – (Erlanger, KY)  WILD Flavors and Specialty Ingredients (WILD) has acquired Alfrebro, LLC, a leading manufacturer of natural extracts and aroma chemicals, advanced proprietary technologies, and expanded processing capabilities.  With this positioning, WILD Flavors and Specialty Ingredients will further its development position and product lines to expand not only into unique flavors, extracts, and aromas for the food and beverage market, but also to strengthen its Health and Wellness focus and initiatives.

“This investment is another key step to continually grow a differentiated and integrated supply chain for the benefit of our customers. Alfrebro’s business will provide improved raw material access while strengthening our existing flavor and extract capabilities,” said Michael Ponder, Global CEO of WILD Flavors and Specialty Ingredients. “By broadening our product offering and by providing a truly global supply chain, our customers will profit from WILD Flavors and Specialty Ingredients’ unique full-solution approach as the single source of supply for every ingredient needed to produce a high-quality, finished product.”

Vince Macciocchi, COO of WILD Flavors and Specialty Ingredients, in Erlanger, Kentucky, commented, “The opportunities with Alfrebro represent vertical integration, access to new flavor ingredients, increased manufacturing capabilities and additional cost savings.”

“The Alfrebro organization is excited to become part of WILD Flavors and Specialty Ingredients globally,” said David Moats, owner of Alfrebro.  “The company has long-standing national, regional, and international relationships with many large flavor and CPG companies; the combination of WILD Flavors and Specialty Ingredients’ Aroma Chemical Business and Alfrebro will provide unique and value-added ingredients.  Our new relationship with the WILD Flavors and Specialty Ingredients organization allows us to continue to develop novel flavor ingredients.”

Transaction marks latest milestone in WILD Flavors and Specialty Ingredients’ global expansion
WILD Flavors and Specialty Ingredients continues to invest in the strategic expansion of its global business. In July 2013, WILD Flavors and Specialty Ingredients announced its equity partnership with Amazon Flavors in Brazil to establish local production capacity while expanding its development base in this important growth market.  In May 2013, WILD Flavors and Specialty Ingredients announced investments at its production, development and sales locations in India, as well as the opening of a new subsidiary in Singapore. In 2012, the company acquired the assets of the former Cargill juice business, which has state-of-the-art manufacturing facilities in the Netherlands, Japan and the U.S. In 2011, WILD Flavors and Specialty Ingredients acquired the A.M. Todd Group, a global leader in natural mint oils and ingredients with production sites in India, Germany, and the United States.  WILD Flavors and Specialty Ingredients China is also expanding its facility to incorporate the production of mint, which will allow WILD Flavors and Specialty Ingredients to supply mint oils, extracts, and flavors to this region as well.

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. Its management offices with 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 located in Europe, USA, Canada, China, Japan, India, Brazil, 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 including natural flavors and extracts, mint oils and flavors, colors from natural sources, sweetening systems, seasonings, specialty ingredients, taste modifiers, and fermentation technologies. 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.