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Chr. Hansen Natural Colors acquires Secna Natural Ingredients


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. ....

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Crown Holdings Inc (CCK) Q1 2021 Earnings Call Transcript


Good morning, and welcome to Crown Holdings First Quarter 2021 Conference Call. [Operator Instructions].
I would now like to turn the call over to Mr. Thomas Kelly, Senior Vice President and Chief Financial Officer. Sir, you may begin.
Thomas A. Kelly
Senior Vice President and Chief Financial Officer
Thank you, Dale, and good morning. With me on today s call is Tim Donahue, President and Chief Executive Officer. If you don t already have the earnings release, it is available on our website at crowncork.com.
On this call, as in the earnings release, we will be making a number of forward-looking statements. Actual results could vary materially from such statements. Additional information concerning factors that could cause the actual results to vary is contained in the press release and in our SEC filings, including in our Form 10-K for 2020 and subsequent filings. ....

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