ZUG, Switzerland— WILD Flavors GmbH announced the acquisition of certain assets of the A.M. Todd Group, Inc., a provider of mint flavors and ingredients based in Kalamazoo, Mich. According to WILD, the acquisition of A.M. Todd’s product portfolio will facilitate enhanced growth from new business lines, and will also allow for expansion into new markets and channels.
“WILD has experienced tremendous success in responding to its customers’ needs and market requirements with outstanding innovation, creative product development, growing technological advancements, dependable supply chain interaction, and key customer focus. This transaction allows for further growth and leadership in creative product development resulting in great tasting products for the food and beverage industry," stated WILD Flavors North America’s Chief Operating Officer, Dr. Erik Donhowe.
Mr. Michael Ponder, WILD CEO commented: “With WILD’s competencies based on technologically-advanced product development and quality production processes, the acquisition of A.M. Todd assets and unique technologies will only strengthen WILD’s ability to meet and exceed our customers’ requirements."
Mr. Raymond Hughes, President & CEO for A.M. Todd states: “While A.M. Todd has developed the leading position in natural mint flavors, WILD will strengthen and complement the mint and ingredient competency through its fast-growing global business structure and strategies." Combining WILD’s expertise with A.M. Todd’s capabilities in the natural mint market as well as specialties in flavors, extracts, and organic materials allows WILD to provide the industry with the highest level of quality, innovation, and consistency in the development of flavors, colors, ingredient and systems.
The acquisition is scheduled for completion on October 31, 2011.
