Asenzya® Acquired by Solina
Solina, the leading European producer of savory ingredients solutions for the food industry, has announced the acquisition of Asenzya®, formerly Foran Spice Company.
Asenzya® is a premier custom seasoning company based in Oak Creek, WI, USA. Since 1953, Asenzya®’s focus on innovation and culinary development has enabled the company to approach custom seasoning blends and solutions and beginning-to-end production, with an immense dedication to the highest quality standards. This acquisition allows Asenzya to provide multiple plant location options to our customers and widely expands our capability offerings.
Mark A. Duffy has been named the new President of Asenzya®. Mark has extensive experience in key leadership roles within the Food Industry.
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.
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.”
The parties have agreed not to disclose the transaction value.
Solina, a leading European based Ingredient Manufacturer, designs customized ingredient solutions for its clients operating in the food industry, food service, butchery and nutrition markets. Solina is focused on the production of food that is delicious, nourishing, affordable, sustainable and convenient.
Solina sources ingredients from all around the world and, by applying its knowledge and science, tailors solutions to the specific needs of their customers. With 31 R&D centers, Solina has close ties to local markets. The resulting knowledge of local taste preferences, coupled to market research insights and technical expertise, enables Solina to adapt products to different populations of consumers.
Solina works with more than 18,000 customers from all corners of the food industry. Its community of over 2,400 people share a passion for food and an entrepreneurial spirit.
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