OC Flavors acquires Novotaste
Novotaste is a Canadian-based provider of natural and organic flavor solutions.
OC Flavors, a manufacturer of liquid and powdered flavors for the beverage, dairy, plant-based, nutraceutical, confection, and bakery industries, acquired Novotaste, a Canadian-based provider of natural and organic flavor solutions. With this acquisition, OC Flavors solidifies its position as a top provider of high-quality, customizable flavor solutions and expands its footprint into Canada and the Northeastern U.S. to better serve the food and beverage industry, the company stated.
"We are thrilled to welcome Novotaste as the second acquired company within our flavor platform, and we view the Novotaste team as an integral piece of our platform strategy moving forward," says OC Flavors' CEO, Jim Miller. "This acquisition also adds a state-of-the-art customer-facing facility with a test kitchen and sensory lab, providing our combined base of blue-chip customer partners with even more resources to create great-tasting products."
"We are delighted to join forces with the OC Flavors team to better serve our customers and become the platform’s launching pad for future growth in Canada and the Northeastern U.S. Novotaste's flavor solutions are the perfect complement to OC Flavors' existing offerings, and we are looking forward to this exciting next step in our journey," added Novotaste's President, Robert Barakett.
Founded in 2007, OC Flavors has built its reputation on its ability to quickly and efficiently deliver flavor profiles that exceed customers’ expectations and delight ultimate end consumers, according to the company. In 2022, OC Flavors entered a growth partnership with Shore Capital Partners, a Chicago-based private equity firm, to build upon OC Flavors' successful heritage and strong foundation.
This acquisition of Novotaste supercharges the platform’s development and production capabilities, adds more top tier flavor talent, and provides a bicoastal presence to ensure we are always nearby when our customers need an innovation partner or a taste problem solver, OC Flavors concluded.
Photo courtesy of OC Flavors.
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