Prinova has announced its acquisition of Brazil-based citrus oil producer Flavor Tec.
“I’m thrilled with the opportunity to shape the direction and the opportunities that the acquisition of Flavor Tec has created,” said Tom Charmont, Global Category manager, Citrus Oils/Global Vice President of Sales - Aromas. “Prinova’s investment in processing technologies nestled in the heart of the Brazilian citrus belt, certainly highlights our commitment to the Citrus oil space and further enhances Prinova as a deep resource to our valued customers.”
“This acquisition allows Prinova to expand its global footprint into South America as well as enhance its capabilities and technologies,” shares Bill Palagonia, president of Prinova Aromas. “The facility is located in the heart of the citrus oil-producing countries, and will help us deliver on our commitment to quality and sustainability.”
“We believe that we can reach greater heights, based on the operating model developed by each company, as we understand that it was through this that their solidity and history were created,” said Mercia Bettini, previous owner and now vice president of R&D/Quality at Flavor Tec. “Maintaining the team, as well as the main values that have always been present in all respective activities, is what will enable continued growth and reinforce the trust placed in our companies and services.”
