Wauconda, Ill.-based Synergy Flavors Inc., a member of the Cork, Ireland-based Carbery Group, said it acquired Lombard, Ill.-headquartered Innova Flavors — a savory flavor and ingredient supplier — from Griffith Foods, Alsip, Ill..
According to the company, this strategic purchase expands the savory capabilities of Synergy Flavors in alignment with the new product development happening in meat alternatives, sauces, side dishes and snacks. It also adds process flavors to Synergy’s portfolio of extracts, essences and compounded flavors of every form and designation —helping their customers to differentiate their products in the highly competitive food and beverage markets.
“This acquisition offers significant benefits to Synergy customers by providing them access to a proven range of flavors to meet the growing demand for natural flavorings and savory ingredients. In addition, these products complement Synergy’s current offerings for rapidly growing plant-based alternative food and beverages globally,” said Rod Sowders, president and CEO of Synergy Flavors. “Synergy's global footprint and history of investment in acquisitions will allow Innova customers to benefit from the deep flavor expertise and global reach of the Synergy organization.”