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Ingredient Cos. Form Functional Group |
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Thursday, 06 December 2007 |
 Südzucker AG, Europe’s largest sugar producer and a leading German food group, announced the creation of a new Functional Food Group–-Beneo—at FI Europe 2007.
Leading food ingredients companies Orafti, Palatinit and Remy will become part of Beneo, and be known individually as Beneo-Orafti, Beneo-Remy and Beneo-Palatinit. ‘Connecting nutrition and health’ is the group’s united mission, notes the company.
The decision to unite the strengths of Orafti, Palatinit and Remy has come in response to the rapid changes that have been experienced across the worldwide foods market. In the face of the new emerging opportunities in the functional food market, increasing globalization and increased importance of adequate nutritional policies, Südzucker AG has taken the decision to create a Functional Foods Group to rise to new challenges.
With a business vision for the next 10 years already in place, the combination of Orafti, Palatinit and Remy under the group name, Beneo, is a major step in providing partners and end users alike with many new food ingredients. The unity of the three companies will better enable the group to optimise its unique, connected chain of expertise in the most efficient way possible, explains the company.
Yves Servotte, Beneo Group board member says: "It is no coincidence that we have chosen to announce the restructuring of our company at FI Europe 2007. As the event for shaping the future of the food ingredients industry, this is the perfect setting for announcing how we at Beneo, are implementing plans that will shape the functional foods sector over the coming 10 years. The ability of Beneo-Orafti, Beneo-Palatinit and Beneo-Remy to work together and share company knowledge will not only mean market opportunities for us, but for our customers too.
"Areas where this sharing of knowledge will be maximized include the three companies' expertise in durable farming, process and food technology, nutritional science, nutritional marketing and communication, regulatory issues, patent policy and consumer research. The ability to draw knowledge from all three companies' experiences in these areas will allow Beneo to bring new 'wellgredients' to market and ensure that new and existing ingredients continue to meet ever-changing customer and market needs.”
The Südzucker Group has a turnover of €5.3 billion and employs nearly 20,000 people. The Group’s manufacturing facilities are spread over 67 sites worldwide.
Beneo-Orafti is the world leader in the production of chicory ingredients. Its products include active food ingredients such as inulin and oligofructose for the food and animal nutrition industries and bio-based chemicals for cosmetic and chemical applications. With a head office in Tienen, Belgium, the company operates in more than 75 countries and has production units in Oreye, Belgium, and Pemuco, Chile.
Beneo-Remy is a world market leader in the production of rice derivatives like starches, flours, proteins and more recently stabilized rice bran. The company’s product portfolio also includes Nutriz, a rice concentrate that is used in non-dairy drinks and desserts. |
