- Ingredion (NYSE:INGR) says it acquired German firm KaTech for an undisclosed amount.
- KaTech is described as a privately held company that provides advanced texture and stabilization solutions to the food and beverage industry.
- INGR says the acquisition complements its existing specialty ingredient portfolio by expanding its Food Systems platform with a comprehensive suite of innovative solutions that assist food and beverage manufacturers with product formulation, ingredient functionality and technical assistance.
- "KaTech has deep food formulation expertise which complements our leading texture business in Europe," says Ingredion CEO Jim Zallie,
- Read more details about the deal