Carbery Group expands US operations with flavours acquisition

Carbery Group has expanded its US footprint with the acquisition of flavours business of Prinova, a subsidiary of the NAGASE group.

The US ingredients and premix manufacturing business has been taken under Carbery’s fold and will now trade under the west Cork group’s Synergy Flavors trading name.

The Prinova deal comes hot on the heels of last November’s acquisition of Brazilian flavours and ingredients manufacturer Solutaste.

Carbery Group has facilities in Ireland, the US, the UK, Brazil, Italy, Singapore, Thailand and Indonesia.

The group’s CEO Jason Hawkins said that the acquisition “will be a great addition to the Synergy business portfolio” that will broaden the company’s product offering.

“We will continue to diversify our business to deliver value for shareholders, service and innovation for our customers and to retain and grow our excellent global team.”

Synergy US CEO Kevin Collins said that the deal “builds on our existing capabilities in our flavours business and creates the ability to support long-term growth across a multitude of categories”.

“Our expanded team’s flavour expertise and capability will help our customers to achieve their strategic growth ambitions.”