‘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.
in China as entertainment venues remain on lockdown, says Carlsberg
The COVID-19 outbreak severely impacted entertainment spots and dining outlets in China with widespread closures all over the country. This to short-term impacts on beer sales as consumption declined during the outbreak, according to Carlsberg. It was one of many companies monitoring the situation as concerns over the spread and impact on public health grew.
The Danish brewer, whose breweries in the country remained open at the start of the outbreak, said the Chinese market was left in uncertain terms due to COVID-19, and it was likely to be impacted “negatively.”