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Solina Savory Ingredients to acquire Asenzya®

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Solina Savory Ingredients to acquire Asenzya®

December 20, 2021 by Cath Isabedra

Karolina Grabowska/Pexels

Food ingredients company Solina Savory Ingredients has announced its acquisition of Asenzya®, formerly Foran Spice Company. The latter, based in Wisoncsin, is a provider of custom seasoning blends and solutions. Among its product offerings include natural phosphate replacers, plant-based proteins, extenders and sodium replacements for food and beverage applications.

Patricia Goto, President and CEO commented: “We are pleased to join Solina. Our shared vision  of technology, innovation, and culinary trends will create the perfect blend for strategic growth  within the United States. Solina offers Asenzya® a broader reach across the globe and we are  very excited to share future success.” Patty is retiring at the end of the year and will continue to  play a critical support role as a Board member. 

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Anthony Francheterre, CEO of Solina, added: “The acquisition of Asenzya® is a landmark in the geographic expansion of Solina. With a presence in the US, along with our acquisition of  Berthelet in Canada last year, we are now positioned to work closely with the North American  food industry to deliver innovative solutions that enable our customers to meet ever-changing  consumer demands.”

Mark Duffy will be named the new president of Asenzya®.

Other Topics: acquisition, acquisition news, Asenzya®, custom seasoning, custom seasoning blends, extenders, functional ingredients, Ingredients, natural phosphate replacers, plant-based proteins, sodium replacement, Solina Savory Ingredients

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