Solina Group Signs Off on Romanian Spice Deal
26 Jun 2017 --- French food ingredients firm Solina Group has completed the acquisition of Romanian spice producer Supremia Grup.
With its headquarters in Alba Lulia in Romania, the company has subsidiaries in Denmark (Tamaco) and in Moldavia (Supremia Moldova).
It is the leader in the Romanian food ingredients and spices market with more than 2,300 customers with total sales of €52.1 million and more than 300 employees.
The deal represents the latest step in Solina’s external growth strategy in the European food industry.
“We have been impressed by the professional level of our new colleagues – Solina and Supremia integration teams work already together and our complete organizations will soon be fully connected – they start the actual post-merger integration program,” says Laurent Weber, CEO, Solina Group.
“Along with this acquisition, we are constantly improving our skills of consolidation platform: we liaise with strategic positions, good people and create value for our customers with a long term approach. We have the feeling we can go much further into this strategy and also further away from our historical West European bases.”
Philippe Merlin Eastern Europe Area Manager adds : “Offering East European customers access to a well integrated community of R&D, Technical support and Production centers – across EMEA with 15 plants, 20 connected development centers is a unique global service proposal to the Food industry and Food Service players.”
“Our state of the art operation facilities in Romania combined with the expertise of the Supremia team will reinforce our position in the region and become one of the major players in Eastern and Central Europe. The Local Management is perfectly in position to deploy the Group strategy: to get more clients, satisfy them through innovative ingredients solutions.”
Ciprian Gradinariu, Romania Country Manager adds: “Supremia Grup has proved to be a successful player in Eastern Europe and beyond, created by a hard working professional team, and strongly committed to company vision to become one of the well-known food ingredients suppliers in Europe. We are proud to be a part of the future strongest corporation in savory food ingredients business in Europe.”
