News in brief

Kerry acquires California-based vinegar maker and Oman-based culinary sauces maker

By Elaine Watson contact

- Last updated on GMT

Kerry to acquire Fleischmann's Vinegar Co and AATCO Food Industries in €365m ($415m) deal

Related tags: Kerry

Kerry has struck a deal to acquire Fleischmann's Vinegar Company Inc and AATCO Food Industries LLC for c. €365m ($415m) in a move it claims will boost its foundational technology portfolio and strengthen its position in foodservice and developing markets.

The two firms have annualized revenues of approximately €150m ($171m), while the deals are expected to close by the end of the year.

The world's largest industrial vinegar producer, California-based Fleischmann's Vinegar​ ​is a USDA certified producer of specialty natural ingredients from apple cider vinegar to balsamic vinegar, with manufacturing facilities in Washington, New York, Maryland, Illinois, Missouri, Alabama and California.

Headquartered in Muscat, Oman, AATCO Food Industries​ is a leading provider of culinary sauces to the foodservice channel, with manufacturing facilities in Sohar, Oman, Jeddah, Saudi Arabia and Nashik, India.  

Its portfolio includes ketchups, mayonnaises, salad dressings, specialty sauces, coffee syrups, sweet sauces, toppings and sweet fillings.

Related news

Related products

show more

Celery Juice and the Health-Conscious Consumer

Celery Juice and the Health-Conscious Consumer

Florida Food Products | 25-Oct-2019 | Technical / White Paper

Celery juice is an on-trend beverage ingredient with sought-after health benefits. Given its popularity, it’s no surprise that celery juice is showing...

REAL Eggs Integral Role in Baking White Paper

REAL Eggs Integral Role in Baking White Paper

American Egg Board | 06-Oct-2019 | Technical / White Paper

By enhancing ingredient statements, REAL Eggs contribute to gold standard quality. In a world where consumer expectations evolve at sometimes dizzying...

Enhancing Bakery’s Appeal

Enhancing Bakery’s Appeal

Bunge Oils | 23-Sep-2019 | Technical / White Paper

Many of the attributes consumers love about bakery are determined by the type of fat bakers use. Some initial PHO substitutes did not fully meet sensory...

Color plus clean labels from a proven ingredient

Color plus clean labels from a proven ingredient

Briess Malt & Ingredients Co. | 06-Sep-2019 | Product Presentation

BriesSpecialty™ Malt Flours offer natural color and flavor adjustment for cookies, breads, and other grain-based foods. Ranging in color from light to...

Related suppliers

Follow us

Featured Events

View more

Products

View more

Webinars