Food and beverage ingredient solutions firm Ingredion Inc. has purchased German firm KaTech, a provider of texture and stabilization solutions to the food and beverage industry, expanding its specialty ingredients portfolio.
“KaTech has deep food formulation expertise which complements our leading texture business in Europe,” Jim Zallie, president and chief executive officer of Ingredion, said in a recent release announcing the transaction. “The addition of KaTech enhances our ability to formulate customized, complete food solutions leveraging Ingredion’s expanded ingredient portfolio. It also expands the geographic footprint of our Food Systems growth platform complementing our positions in the US and Asia.”
The newly acquired company focuses on plant-based, dairy, and dairy alternatives, meat and fish, savory, and bakery products. KaTech currently operates two locations in Germany, one in the United Kingdom, and a site in Poland. Its products are used for texture enhancement, stabilization, protein protection and enrichment, improving mouthfeel, and emulsification.
“Our customers will benefit from a comprehensive suite of nature-based ingredients with access to tailored solutions and unrivaled speed to market,” said Mike O’Riordan, president of Europe, Middle East, and Africa (EMEA) for Ingredion, in a statement. “Ingredion’s complementary geographic reach will enable the KaTech business to thrive and continue growing.”
Financial details of the deal were not disclosed.
Last month, Powder & Bulk Solids reported that Ingredion added a pea protein isolate and a pea starch to its portfolio of plant-based ingredients.