US speciality chemicals producer Kensing has acquired Buenos Aires, Argentina-based natural ingredients maker Advanced Organic Materials (AOM).
AOM is a producer of non-GMO plant-based Vitamin E and phytosterols derived from sunflower and rapeseed.
Kensing said the acquisition expands its natural vitamin E and phytosterols product offerings.
“The acquisition of AOM enhances our range of non-GMO plant-based ingredients, strengthens our access to new sources of diversified natural raw materials and opens up new end markets,” stated CEO Serge Rogasik.
“We look forward to partnering with Alex and his team to meet the growing demand for natural products from our five plants across the US, Europe, and Latin America,” he added.
AOM operates facilities in Valencia, Spain and Buenos Aires serving customers in more than 34 countries across the nutrition, personal care, food, and beverage sectors.
“We are thrilled to join forces with an industry leader and embark on this new chapter as part of Kensing. This acquisition marks an exciting opportunity for us to leverage our combined capabilities to enhance performance and expand geographic presence,” said AOM CEO Alex Abad.
The financial terms of the deal were not disclosed.
