06 Feb 2020 --- Danish emulsifiers and stabilizers producer Palsgaard is to takeover Turkish food ingredients distributor Teknaroma. The ingredients supplier acquired 90 percent of the company’s shares yesterday, with Teknaroma’s previous owners retaining 10 percent. Palsgaard will now look to build on its operations in Turkey and the surrounding markets, offering products supported by a local application center. As a result of the takeover, Teknaroma Managing Partner Cengiz Altop becomes Managing Director of Palsgaard Teknaroma.
