BENEO – the new Functional Food Group announced at FI Europe

Südzucker AG, Europe’s largest sugar producer and a leading German food group, is pleased to announce today, at FI Europe 2007, the creation of a new Functional Food Group – BENEO.

Leading food ingredients companies Orafti, Palatinit and Remy will from today onwards form the newly created Functional Food Group, BENEO, and be known individually as BENEO-Orafti, BENEO-Remy and BENEO-Palatinit. ‘Connecting nutrition and health’ is the group’s united mission and with the combination of three major players into one group it will ensure BENEO becomes one of the industry’s preferred innovative partners.

The decision to unite the strengths of Orafti, Palatinit and Remy has come in response to the rapid changes that have been experienced across the worldwide foods market. In the face of the new emerging opportunities in the functional food market, increasing globalisation, and increased importance of adequate nutritional policies, Südzucker AG has taken the decision to create a Functional Foods Group to rise to these new challenges.

With a business vision for the next ten years already in place, the combination of Orafti, Palatinit and Remy under the group name, BENEO, is a major step in providing partners and end users alike with many exciting new food ingredients. The unity of the three companies will better enable the group to optimise its unique, connected chain of expertise in the most efficient way possible. The emphasis on multi-disciplinary services, aims to support our partners in all phases of the product development up to product launch. The BENEO Group is committed to being the preferred partner in the innovation process for customers worldwide, helping global food manufacturers develop balanced, healthy and functional food and feed products.

Yves Servotte, BENEO Group Board Member: “It is no co-incidence that we have chosen to announce the restructuring of our company at FI Europe 2007. As the event for shaping the future of the food ingredients industry, this is the perfect setting for announcing how we at BENEO, are implementing plans that will shape the functional foods sector over the coming ten years. The ability of BENEO-Orafti, BENEO-Palatinit and BENEO-Remy to work together and share company knowledge will not only mean market opportunities for us, but for our customers too”.

“Areas where this sharing of knowledge will be maximised include the three companies’ expertise in durable farming, process and food technology, nutritional science, nutritional marketing and communication, regulatory issues, patent policy and consumer research. The ability to draw knowledge from all three companies’ experiences in these areas will allow BENEO to bring new “wellgredients” to market and ensure that new and existing ingredients continue to meet ever-changing customer and market needs”.

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The Südzucker Group has a turnover of €5.3 billion and employs more than 19,900 people. The Group’s manufacturing facilities are spread over 67 sites worldwide.

BENEO-Orafti is the world leader in the production of chicory ingredients. Its products include active food ingredients such as inulin and oligofructose for the food and animal nutrition industries and bio-based chemicals for cosmetic and chemical applications. With a head office in Tienen, Belgium, the company operates in more than 75 countries and has production units in Oreye (Belgium), and Pemuco (Chile).

BENEO-Remy is a world market leader in the production of rice derivatives like starches, flours, proteins and recently also stabilised rice bran. The company’s product portfolio also includes Nutriz, a rice concentrate that is used in non-dairy drinks and desserts. Remy-products are sold in diverse applications like baby food, breakfast cereals, biscuits, prepared meals, soups & sauces, dairy, … BENEO-Remy has production sites in Belgium and Italy and services the worldmarket through a sales network of distributors in more than 45 countries

BENEO-Palatinit develops manufactures and markets ISOMALT, the No 1 sugar replacer in hard candies worldwide and the only one made from real sugar. Recently introduced Palatinit markets the new sugar Palatinose™. It is the only low glycaemic carbohydrate that provides prolonged energy in the form of glucose to the body.
BENEO-Palatinit introduced a new multifunctional pharmaceutical excipient for the formulation of solid dosage forms under the brand name galenIQ™.
With a global network of sales agencies in more than 45 countries, PALATINIT supplies food and pharmaceutical markets around the world with production facilities that are located in Offstein (Germany).

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