Dive Brief:
Chr. Hansen Natural Colors acquired Secna Natural Ingredients for an undisclosed amount. Secna is a Spain-based company that makes red, purple and caramel colors from anthocyanins in grapes, black carrots, cabbage and beets.
This is the first deal for the company since Chr. Hansen sold its colors division to private equity firm EQT for 800 million euros ($940 million) in October.
Food manufacturers are increasingly searching for natural colors as consumers show a growing preference for clean label products without synthetic ingredients. Despite the challenges food manufacturers face using plant-based alternatives, the natural food color market could reach an estimated $1.77 billion this year, according to Zion Market Research.
‘Demand for naturally sourced colours is increasing’: Chr. Hansen Natural Colors seeks growth with first acquisition Chr. Hansen Natural Colors has announced its first major transaction since becoming a standalone company in the hope of further bolstering its position as leader in natural colours.
In its first add-on investment since being acquired by private equity firm EQT last year, the Danish company has announced the integration of Spanish-based SECNA Natural Ingredients Group S.L into its portfolio.
Chr. Hansen Natural Colors said it was looking to ‘continue its strong growth acceleration’ with the deal.
“We’re committed to continuing to find new ways to harness and share the power of nature s true colours,” said Odd Erik Hansen, CEO, Chr. Hansen Natural Colors.
Chr. Hansen Natural Colors acquires SECNA Natural Ingredients Group Chr. Hansen Natural Colors, a provider of natural colors, has announced plans to continue its growth acceleration with the integration of SECNA Natural Ingredients Group S.L into its portfolio.
This is the first add-on investment since being acquired by private equity firm EQT, and it strengthens Chr. Hansen Natural Colors position by giving it access to SECNA Groups’ pigment portfolio, which includes anthocyanins from black carrots and grape, and caramel.
“We’re committed to continuing to find new ways to harness and share the power of nature s true colors. This is the first of many exciting milestones for us as a standalone company. We look to enhance our value proposition and strengthen our operational platform together with the team at SECNA at a time when demand for naturally sourced colors is increasing,” said Odd Erik Hansen, CEO, Chr. Hansen Natural Colors.
The Planning and Zoning Commission is recommending that the Town Council deny a proposed Zoning Ordinance amendment that allows detoxification facilities for drug and alcohol rehabilitation within the C-2 and C-3 zoning districts in Fountain Hills.
The commissioners voted 4-2 to recommend the denial. Commission Chairman Erik Hansen was absent from the session on April 12.
Development Services Director John Wesley said staff has recently received inquiries from people in real estate asking about properties in the downtown for such a use.
In his report to the commission, Wesley stated that such facilities can range from sub-acute, outpatient facilities to more intense inpatient facilities. The facilities can also operate in a variety of ways. In some cases, the patients are self-motivated to end their addiction and have the time and means to seek treatment. In other cases, the patient may be ordered to the facility for treatment, starting with detoxification, or they may not be as p
Statement comes after Denmark controversially refused to renew residency permits of 94 Syrian refugees
People demonstrate in front of the parliament building in Copenhagen, Denmark, on 6 October 2015, against the poor treatment of refugees (Soeren Bidstrup/Scanpix Denmark/AFP) By Published date: 20 April 2021 18:03 UTC | Last update: 21 hours 20 min ago
A group of experts who were consulted by the Danish government for a report that declared parts of Syria safe - allowing authorities to revoke residency permits for Syrians - criticised Denmark s controversial stance on Monday, saying that no Syrian refugee was safe enough to be forced to return.
Eight of the 12 experts consulted for the 2019 report wrote in a joint statement that their expert opinion, background information and other advice to the Danish Immigration Service was underappreciated .