FMC acquire Pectine Italia

FMC to acquire Pectine Italia

4:40 AM, 2nd August 2012
FMC to acquire Pectine Italia

PHILADELPHIA, US: FMC Corporation has entered into a definitive agreement to acquire the business assets of Pectine Italia, a leading Italian-based manufacturer of pectin for the food ingredients market. The acquisition marks FMC’s entry into the pectin market, expanding the company’s industry-leading portfolio of hydrocolloid texturants and stabilizers. The acquisition provides FMC with high quality pectin manufacturing capabilities, strategically located near important raw materials sources. The business will become a part of FMC BioPolymer, a business unit of FMC Corporation.

“This acquisition continues our strategic expansion into the high-growth, natural-based food ingredients market. With our recent acquisitions of two natural food colours businesses, our entry into pectin underscores our commitment to broaden FMC’s portfolio of innovative food ingredients. It also represents another important step in our Vision 2015 growth journey,” said Michael Wilson, President, FMC Specialty Chemicals.

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