Firmenich to acquire majority stake in Vkl Seasoning to expand reach in India

Firmenich to acquire majority stake in Vkl Seasoning to expand reach in India

Geneva, Switzerland, April 30th, 2019 – Firmenich has agreed to acquire a majority stake in VKL Seasoning Pvt. Ltd, a leader in seasonings and flavors in India, from True North, an Indian private equity company. With this venture Firmenich is broadening its capabilities and customer reach in India, a key growth market for the Group, while expanding its raw material palette for clean label ingredients. Founded in 1996, VKL Seasoning Pvt. Ltd is renowned for its strong understanding of taste and its leading reputation among Indian customers.

Source: Firmenich (Press Release)

About the author

Amitabh Arora

Amitabh Arora

Amitabh Arora has more than 18 years of experience promoting foreign direct investments (FDI), trade and economic relations between India and Switzerland, South Korea, United Kingdom and Canada. He is currently working as Director Key Accounts at the Greater Geneva Berne area (GGBa), the economic development agency of western Switzerland. GGBa offers a comprehensive range of services at no charge to foreign companies seeking to establish a presence in Switzerland. He is also the founder of FDITracker.com, tracking FDI developments worldwide. Amitabh has a Masters in International Business from the Indian Institute of Foreign Trade (IIFT) and a Bachelor of Business Studies (BBS) from College of Business Studies, India.

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