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WILD Flavors Inc. (WILD) has acquired Alfrebro LLC, a manufacturer of natural extracts and aroma chemicals, advanced proprietary technologies and expanded processing capabilities.
“This investment is another key step to continually grow a differentiated and integrated supply chain for the benefit of our customers," said Michael Ponder, the global CEO of Wild Flavors GmbH. "Alfrebro’s business will provide improved raw material access while strengthening our existing flavor and extract capabilities."
Vince Macciocchi, COO of Wild Flavors Inc., in Erlanger, KY, added, “The opportunities with Alfrebro represent vertical integration, access to new flavor ingredients, increased manufacturing capabilities and additional cost savings.”
With this positioning, Wild 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.
“The Alfrebro organization is excited to become part of Wild 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’s Aroma Chemical Business and Alfrebro will provide unique and value-added ingredients. Our new relationship with the Wild organization allows us to continue to develop novel flavor ingredients,” Moats added.