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May 19 2022, David R Brown

DKSH Performance Materials acquires Victa Food to strengthen European Business

DKSH has signed an agreement for the acquisition of Victa Food, a specialized distributor and exclusive agent of food and nutritional supplement ingredients in Italy. The acquisition expands DKSH's food ingredient and supplements business in Italy, while bringing strong cross-selling opportunities to its existing customers.

The acquisition of Victa Foods fits well into our strategy. It expands our presence, in the growing food ingredients space in Italy.

Thomas Sul and Natale Capri
Co-Heads Business Unit Performance Materials at DKSH

Thomas Sul and Natale Capri, Co-Heads Business Unit Performance Materials at DKSH, jointly said: “The acquisition of Victa Foods fits well into our strategy. It expands our presence, in the growing food ingredients space in Italy. The transaction also adds hundreds of new customers to DKSH, offering cross-selling opportunities for other products.”

Victa Food, founded in 2007, is headquartered in Mogliano Veneto, Italy. The company profits from a dedicated sales and marketing team of industry professionals. It also offers competitive functional ingredients as well as additives to the food and nutraceutical industry, with a special focus on sustainable and plant-based food solutions. Victa Food's strong focus on technical support and tailor-made solutions will grant DKSH quick access to the fast-growing market of meat-replacement.

About DKSH
At DKSH, our purpose is to enrich people’s lives. For more than 150 years, we have been delivering growth for companies in Asia and beyond across our Business Units Healthcare, Consumer Goods, Performance Materials and Technology. As a leading Market Expansion Services provider, we offer sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets with 31,453 specialists, generating net sales of CHF 11.1Bn in 2021.

The DKSH Business Unit Performance Materials distributes specialty chemicals and ingredients for food, pharmaceutical, personal care and various industrial applications. With 48 innovation centers and regulatory support worldwide, we create cutting-edge formulations that comply with local regulations. With around 1,342 specialists, the Business Unit generated net sales of CHF 1.28Bn in 2021.

Source(s): DKSH Press Release

Further Information

Visit: https://www.dksh.com