The longtime global partnership between Univar
Solutions and Ingredion will provide select European regions with a
diverse range of specialty ingredients that meet the growing demand
for healthier, more sustainable, and flavor-rich products.
DOWNERS GROVE, Ill. and
WESTCHESTER, Ill., June 13, 2024 /PRNewswire/ -- Univar
Solutions, LLC ("Univar Solutions"), a leading global solutions
provider to users of specialty ingredients and chemicals, and
Ingredion Incorporated (NYSE: INGR), a global provider of specialty
ingredients and innovation leader, today announced a significant
geo-expansion of their distribution partnership into Germany, Italy, and Switzerland for the food and beverage
market. The longtime strategic partners have worked together
for more than 30 years in Europe,
the Middle East, and Africa (EMEA), providing expansive food
portfolios for starches, plant-based proteins, and sweeteners.
Univar Solutions and PureCircle™ by Ingredion also work closely
together to deliver stevia flavor modifiers and sweeteners that
provide food manufacturers with deep sugar reduction solutions.
"We are extremely pleased to further expand our relationship
with Ingredion, a supplier partner with an outstanding global
portfolio of nutrition, health, and wellness specialty
ingredients," said Nick Powell, SVP
and divisional president, Ingredients & Specialties for Univar
Solutions. "Univar Solutions and Ingredion are two of the most
influential and respected companies known for providing innovative
and high-performing ingredient solutions. As we look to positively
shape the future of food, our continued partnership over many years
reinforces our shared commitment to delivering exceptional
ingredients, service, quality, and innovation to customers
worldwide. We value Ingredion's trust in us and our dedicated
Foodology by Univar Solutions team as we leverage our strong
commercial reach to unlock new growth areas for customers
worldwide."
With growing health-consciousness and more sustainable nutrition
on the minds of consumers, products that provide not only taste but
also value and nutrition, and have sustainable origins are in
demand. Food and beverage manufacturers are increasingly looking
for ways to add nutrition, health, and wellness benefits to their
products. Together, Ingredion and Univar Solutions can provide
manufacturers with a leading, innovative food ingredient portfolio
that includes modified, organic, and clean-label starches,
plant-based proteins, and Stevia natural sweetener products.
Ingredion's food ingredients work in a broad range of applications
ranging from bakery and dairy to savoury and beverages. These
innovations are designed to enhance product performance and
customer appeal, facilitating reductions in fat and sugar content,
along with improvements in texture and cost efficiency. Paired with
consumer-friendly labeling, these efforts lead to the introduction
of higher-quality products in the market.
"We are excited to extend our collaboration with Univar
Solutions in key European markets," said Michael O'Riordan, senior vice president of
texture and healthful solutions for EMEA and Asia-Pacific at Ingredion. "This enhanced
collaboration will provide our customers with improved access to
digital tools and strategic insights for accelerated growth,
reflecting our commitment to providing innovative solutions in
texture and health. Our combined efforts aim to increase our
responsiveness and speed to market, enabling our customers to
quickly adapt to consumer trends with relevant ingredient
solutions."
From specialty ingredient innovation to recipe testing, food
brands of all sizes turn to Foodology by Univar Solutions for
help tackling product development challenges. Knowledgeable
in-house chefs and food scientists refresh and develop formulas to
enhance the efficacy of products through its network of food
Solution Centers and test kitchens worldwide. The companies will
collaborate within Univar Solutions' Global Solutions Centers,
including a flagship location in Essen,
Germany. Staffed by leading chemists, food scientists, and
application development specialists, these innovation hubs help
customers solve product challenges, meet the latest market trends,
and take their products to the next level.
Learn more about how the longstanding Univar Solutions and
Ingredion partnership is enhancing the eating experience for
today's consumers.
About Ingredion
Ingredion Incorporated (NYSE: INGR),
headquartered in the suburbs of Chicago, is a leading global ingredient
solutions provider serving customers in nearly 120 countries. With
2023 annual net sales of approximately $8
billion, the Company turns grains, fruits, vegetables, and
other plant-based materials into value-added ingredient solutions
for the food, beverage, animal nutrition, brewing and industrial
markets. With Ingredion Idea Labs® innovation centers
located around the world and more than 12,000 employees, the
Company co-creates with customers and fulfills its purpose of
bringing the potential of people, nature, and technology together
to make life better. Visit ingredion.com for more information
and the latest Company news.
About Univar Solutions
Univar Solutions is a leading
global specialty chemical and ingredient distributor representing a
premier portfolio from the world's leading producers. With the
industry's largest private transportation fleet and technical sales
force, unparalleled logistics know-how, deep market and regulatory
knowledge, formulation and recipe development, and leading digital
tools, the Company is well-positioned to offer tailored solutions
and value-added services to a wide range of markets, industries,
and applications. While fulfilling its purpose to help keep
communities healthy, fed, clean and safe, Univar Solutions is
committed to helping customers and suppliers innovate and focus on
Growing Together. Learn more at univarsolutions.com.
Forward-Looking Statements and Information
This
communication contains "forward-looking statements" under
applicable law regarding financial and operating items relating to
the Company's business. Forward-looking statements generally can be
identified by words such as "believes," "expects," "may," "will,"
"should," "could," "seeks," "intends," "plans," "estimates,"
"anticipates" or other comparable terms. All forward-looking
statements made in this communication are qualified by this
cautionary language.
Forward-looking statements are subject to known and unknown
risks and uncertainties, many of which may be beyond the Company's
control, that could result in expectations not being realized or
could otherwise materially and adversely affect the Company's
business, financial condition, results of operations or cash flows.
Although the forward-looking statements are based on what
management believes to be reasonable assumptions, we caution you
that the forward-looking information presented in this
communication is not a guarantee of future events or results, and
that actual events or results may differ materially from those made
in or suggested by the forward-looking information contained in
this communication. For additional information regarding factors
that could affect the Company, please see the Company's most recent
annual report and other financial reports, including the
information set forth under the caption "Risk Factors." Any
forward-looking statements represent the Company's views only as of
the date of this communication and should not be relied upon as
representing the Company's views as of any subsequent date, and the
Company undertakes no obligation, other than as may be required by
law, to update any forward-looking statement.
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