Symrise has completed the acquisition of Wing Pet Food, following on from its first announcement of the acquisition on February 23. Wing Pet Food, formerly known as Wing Biotech, established itself in petfood palatability enhancers as well as supplying petfood and petfood protection ingredients.
Wing Pet Food’s portfolio will extend Symrise’s access into the Asia Pacific (APAC) markets, one of the fastest growing regions for petfood applications.
“Joining forces with Wing Pet Food will open tremendous opportunities in the region,” explains Alain Symoens, APAC General Manager for Symrise. “This will enable us to provide pet food manufacturers with a wider range of products to support their product’s positioning. We will also strengthen our footprint in APAC with Wing Pet Food proven sales organization and reliable operational network across China and in adjacent Asian markets.”
The company currently operates with 200 employees and has a state-of-the-art R&D centre in Shanghai, with two production sites located in the Chinese provinces of Jiangxi and Jiangsu.
“With this step, Symrise has acquired additional capabilities for its Pet Food division. This acquisition will further strengthen our market position in the areas of petfood palatability. At the same time, it will accelerate our diversification in the areas of nutrition and food protection. Customers will definitely benefit from the enhanced value proposition we will jointly offer,” concludes Dr. Jean-Yves Parisot, President Taste, Nutrition & Health of Symrise AG.
More information on the announcement of the acquisition can be read about HERE.
For more information on Symrise visit their website, HERE.
For more information on Wing Pet Food visit their website, HERE.