Acquisition of fruit producer

Naturex, the French specialty plant-based natural ingredients company, announced it has reached an agreement with the Polish Industrial Development Agency to acquire 100% of the capital of ZPOW Pektowin SA, a Polish company based in Jaslo (South-East of the country), specialised in the production of apple and citrus pectins, fruit and vegetable juice concentrates and, for a smaller proportion, the preparation of processed food products.

This second acquisition of the year (purchase of Burgundy Botanical Extracts on 24 October 2011) fits in perfectly with the group’s strategy to accelerate its international development, expand its product range and strengthen its industrial presence, particularly in emerging countries.

Pektowin benefits from a high-capacity industrial facility dedicated to the production of apple and citrus pectins and located at the heart of one of the major region of raw materials used for the production of apple pectins.

Since the acquisition in December 2009 of the ingredients division of Natraceutical, Naturex is one of the seven manufacturers of pectins worldwide, with its plant located in Bischofszell (Switzerland). Integrating Pektowin within its scope will enable Naturex, not only to strengthen its manufacturing base in pectins, but also to benefit from a significant scalability in order to best meet customer needs.

The acquisition of Pektowin also represents an opportunity for Naturex to gain a new production capacity in the field of juice concentrates. Indeed, Pektowin is one of the main Polish producers of fruit (mainly apples) and vegetable (especially red beets and black radishes) juice concentrates, and produces over 6,000 tonnes of concentrates each year.

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