09 May 2019 --- The SternWywiol Group is eyeing new opportunities within the plant-based field, with further innovation likely to follow on from the highly innovative concepts presented at IFFA in Frankfurt this week (May 4-9). According to CEO Torsten Wywiol, regional growth is taking place in the Asian and African regions, while he is confident on some small bolt-on acquisitions to further strengthen their position in these areas. Stressing that while the group, which has a turnover of more than €500 million tends to concentrate on niche markets, it is not exposed to significant related risks due to its diversity. “We love niche markets, but luckily there is not just one area where are growing,” he tells FoodIngredientsFirst.
