July 13 2018, David R Brown
Caldic completes acquisition of HT Griffin Food Ingredients in Canada
Caldic B.V., international distributor and producer of food ingredients and specialty chemicals, has completed the acquisition of HT Griffin Food Ingredients, a supplier of food ingredients and blending solutions to the Canadian market. The completion of this agreement underlines Caldic's contining drive to become a leading global food ingredient solution provider.
With this acquisition, Caldic is underlining its strategy to be a leading global distributor for the food industryOlav van Caldenborgh
CEO of Caldic B.V
Since 1955, HTG has invested in developing its dry blending and distribution capabilities and has built a strong reputation through a focus on tailored quality products, customer service and innovation. With their broad product range, including stabilizer systems, custom blends, flavour systems, dairy ingredients, extracts and sweeteners, and their extensive service portfolio, they are believed to be an excellent fit to Caldic's existing activities in North America.
In recent years, Caldic has demonstrated putting a strong focus on growing its business in food ingredients serving food processing companies in the Bakery, Dairy, Beverage, Savoury, Confectionary and Nutrition markets. “With this acquisition, Caldic is underlining its strategy to be a leading global distributor for the food industry”, says Mr. Olav van Caldenborgh, CEO of Caldic B.V. “Caldic’s successes have been built on its customer-centric culture. With the presence and wide range products and services, plus the addition of the experienced HTG teams in the North American region, we are even better able to serve our customers and suppliers.”
Grant Kenney, President of the HTG Industrial Ingredients division, sees the Caldic - HTG combination as a perfect fit: “The HTG team has been pursuing a growth strategy focused on being a trustworthy partner to its customers by offering innovative solutions. I believe that Caldic and our company share the same customer focus and desire to bring high quality products and solutions to our customers.”
Caldic is a full-service distributor engaged in the production and distribution of solutions in Food, Industrial-, Health & Personal Care and Technical markets. With entities in Europe, North America and Asia-Pacific, its strengths lie in its global network combined with local expertise, giving the flexibility to answer local needs and build domestic partnerships. Operating with in-house warehouses, production facilities, test centers, and technical expertise, the company provides tailored solutions that contribute to customers’ business successes.
Caldic entered the North American market place in 2012 with the acquisition of Nealanders International Inc., leading food ingredient distributor in Canada with locations in Mississauga, Montreal and Vancouver, which now operates as Caldic Canada Inc., and the locations in Chicago and Los Angeles which now operate as Caldic USA Inc. In addition, Caldic acquired Mississauga-based The Ingredient Company in 2015.
Source(s): Caldic Press Release