Cognis, a worldwide supplier of innovative specialty chemicals, and leading privately-owned manufacturer of natural ingredients, WILD, have signed separate agreements for Europe and the United States on global cooperation in the field of food applications. The companies will jointly develop new products and systems and will work closely together in the field of marketing and sales. There will be a particular focus on the beverage, nutritional bars, sweets and ice-cream industries. Moreover the cooperation agreements also comprise other market segments.
Within the framework of the cooperation, Cognis ingredients will be incorporated into WILD’s flavor systems and fruit preparations. The cooperation combines Cognis’ comprehensive portfolio of emulsifiers, compounds and functional ingredients with WILD’s expertise in developing innovative formulations and mixing systems. Sharing this knowledge offers both companies a host of new possibilities in the development and marketing of innovative products for the food and beverage industry, allowing them to better serve their customers around the world. As part of the agreements, joint technical project teams will be set up to better meet customers’ needs.
Rudolf WILD GmbH & Co. KG, headquartered in Heidelberg, Germany, and WILD Flavors, Inc. headquartered in the Cincinnati, Ohio area of the United States are two of the world’s leading privately-owned manufacturers of natural ingredients for the food and beverage industry. The range of products include flavor systems, flavors and extracts, fruit and vegetable preparations, colors, juice concentrates, single ingredients, and seasoning blends. Moreover, WILD provides process technology for the food and beverage industry, and markets well-established consumer products like Capri-Sun, Libella and others. WILD and allied companies run production facilities in several European countries, China, Dubai, Canada and the US.
Comments Norbert Weitkemper, Director Strategic Business Development Nutrition & Health of Cognis: “The combination of WILD’s formulation expertise and Cognis’ broad range of ingredients is a perfect strategic match. As a team we will be able to develop and market new solutions effectively, and cover a wide range of consumer needs in the field of health and functional ingredients.”
Cognis is a worldwide supplier of innovative specialty chemicals and nutritional ingredients. The company employs about 8,000 people, and it operates production sites and service centers in 30 countries. Cognis has dedicated its activities to a high level of sustainability and delivers natural source raw materials and ingredients for food, nutrition and healthcare markets, and the cosmetics, detergents and cleaners industries. Another main focus is on products for a number of other industries, such as coatings and inks, lubricants, textiles, as well as agriculture and mining. The company holds a 50-percent stake in Cognis Oleochemicals, one of the world’s leading manufacturers of natural-source oleochemical basestocks.
Cognis is owned by private equity funds advised by Permira, GS Capital Partners, and SV Life Sciences. In 2005, Cognis recorded sales of 3.18 billion euros and an Adjusted EBITDA (earnings before interest, income taxes, depreciation, amortization and exceptional items) of 356 million euros.
WILD, Heidelberg-Eppelheim, is the one of the largest privately owned suppliers of natural flavor ingredients for the food and beverage industry. The company was founded by Rudolf Wild in 1931. Today the WILD portfolio covers flavor systems, extracts, fruit and vegetable preparations, colors, concentrates, sweetening systems and specialty ingredients such as functional flavors. The 2,500 employees of WILD are dedicated to creating innovative solutions with great taste. WILD operates 14 manufacturing facilities, 70 companies and offices represent WILD around the world.
In the USA, WILD Flavors, Inc., Cincinnati, Ohio delivers innovative flavor, color, ingredient system and process technology solutions to the food and beverage industry. The company is privately-held through Dr. Hans-Peter Wild’s ownership. WILD continues to provide innovative and great tasting concepts as well as ingredients through application expertise and technological advancements.