Chr. Hansen Natural Colours, an EQT portfolio company, announces its first major transaction, after becoming a standalone company which further bolsters its position as an industry leader.
Chr. Hansen Natural Colors, a world leading provider of natural colours with the widest portfolio in the industry, has announced plans to continue its strong 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 significantly strengthens Chr. Hansen Natural Colors position by giving it access to SECNA Groups’ strong pigment portfolio, which notably 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 colours. 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 colours is increasing,” said Odd Erik Hansen, CEO of Chr. Hansen Natural Colors.
For SECNA Group CEO, Gabriel Muñoz, this partnership is the ideal opportunity to join forces with a like-minded established industry leader. “It’s a win–win situation as Chr. Hansen Natural Colors will add our strong pigment offerings in anthocyanins and caramel to their collection, while providing our valued customers and suppliers with access to their portfolio, technologies and market reach, which is the most extensive in the industry”.
“The combination of our color platforms puts us in a prime position to better serve the market and our customers, and we’re looking forward to welcoming SECNA Groups’ 100 employees to the Chr. Hansen Natural Colors team,” said Klaus Bjerrum, COO of Chr. Hansen Natural Colors.
The SECNA group is a holding of several companies, with a presence in Spain, Italy and Turkey.