November 11 2022, David R Brown
Caldic acquires Bring Solutions, a Brazilian-based distributor of customized ingredient solutions
Caldic B.V. has announced the acquisition of Bring Solutions, a Brazil-based added-value distributor of customized ingredient solutions for the food, supplements and pharmaceutical markets. The acquisition of Bring Solutions will expand Caldic's footprint in the food industry and reinforce the focus on solutions for the Life Science markets in Latin America.
Caldic's strong footprint in the region, together with Bring's in-depth nutrition know-how, will enhance our ability to inspire innovative solutions and strengthen our position in the Life Science marketsAnnik Varela
MD of Caldic Latin America South
Founded in 2013, Bring Solutions offers innovative ingredient solutions and premixes that are customized to meet functional requirements and quality standards in the final applications. The broad portfolio encompasses premixes of vitamins and nutrients, dairy proteins, sweeteners and plant-based proteins. The Bring team which is strategically located in the Greater São Paulo area is committed to contributing to health and nutrition while leveraging the supplier base, manufacturing and warehousing facilities as well as their technical and regulatory expertise.
Annik Varela, Managing Director of Caldic Latin America South, commented on the partnership: “We are delighted to welcome the Bring Solutions team aboard Caldic. Bring's ambition to deliver the best ingredient sourcing experience through innovation, agility, and safety, is fully aligned with our customer centric way of doing business. Bring operates an in-house manufacturing and warehouse facility and state-of-the-art application and research laboratories which give us the opportunity to create a more appealing and scalable food distribution platform in Brazil and Latin America. Caldic's strong footprint in the region, together with Bring's in-depth nutrition know-how, will enhance our ability to inspire innovative solutions and strengthen our position in the Life Science markets.”
Marcelo Martins, Operations Manager of Bring Solutions, says: “The team at Bring Solutions is very excited about this new step to become part of Caldic. We will now have the opportunity to realize the enormous growth potential that our geography offers. We have built up an expert team of commercial and technical specialists who are keen to work with the Caldic team to explore and deliver innovative solutions to the food market.”
The transaction is subject to customary conditions and is expected to be completed before the end of this year.
Caldic is a full-service solution provider engaged in the development of specialty solutions in the food, health & personal care and industrial markets. With locations throughout Europe, North America, LATAM 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, manufacturing facilities and technical expertise, the company provides tailored solutions that contribute to customers' business successes. Following the recent mergers with Connell and GTM the Caldic Group now has more than 3,800 employees across 43 countries, which provide solutions to over 35,000 customers supported by 75 formulation centers and application labs. The Group generate sales of around EUR 3 billion.
Source(s): Caldic Press Release