WILD to Acquire A.M. Todd Ingredients/Flavors to Strengthen Mint Position
The acquisition expands WILD’s portfolio of natural flavors and ingredients by purchasing the world’s brand name leader for mint flavors and value-added natural mint ingredients.
Sep 13 2011 --- WILD Flavors GmbH (WILD) has announced the acquisition of certain assets of the A.M. Todd Group, Inc. (A.M. Todd), a leading provider of mint flavors and ingredients based in Kalamazoo, Michigan. A.M. Todd is globally- recognized as the leader for natural mint flavors and value-added mint ingredients. The company also has unique technologies surrounding organic flavors and ingredients. With the addition of A.M. Todd’s product portfolio, WILD will be able to facilitate enhanced growth for its customer base with new business lines while also allowing for expansion into new markets and channels.
A.M. Todd Company offers specialty distilled & blended mint oils, natural & NOP certified organic flavors, distillates & extracts and botanical ingredients. It specializes in designing impactful flavor profiles, creating unique new flavoring approaches and solving complex problems with existing flavoring systems to help customers meet today’s consumer taste demands. The company was founded in 1869 and is based in Kalamazoo, Michigan with additional locations in India and Europe.
“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.
Once approved by the shareholders of A.M. Todd, the completion of the acquisition is scheduled for October 31, 2011.
