Transaction positions company as North America’s largest manufacturer of annatto-based food colorings
LOUISVILLE, Ky. (Dec. 17, 2013) – D.D. Williamson (DDW), a Louisville-based company that is a world leader in natural coloring sources for the food and beverage industry, has acquired the food coloring product line and related processing equipment of Danisco USA Inc. Danisco has been part of DuPont Nutrition & Health since 2011.
The transaction positions the company as the largest manufacturer of annatto-based food colorings in North America.
Financial terms of the transaction were not disclosed.
The Danisco colors product line consists primarily of various carotenoid colorings and blends offered as food industry solutions in the yellow to orange spectrum. They are supplied to the dairy, dessert, bakery/snack, culinary, flavor, beverage and other industry sectors.
After an interim period of equipment and inventory transfer from the DuPont plant in Madison, Wis., manufacturing will consolidate at DDW’s GFSI-certified operation in Port Washington, Wis., to supply both domestic and export customers.
“This acquisition allows DDW to strengthen its existing offerings for customers around the world,” said DDW Chairman and CEO Ted Nixon. “The larger toolkit will improve DDW’s ability to develop unique color solutions for applications, one customer at-a-time, and will extend our manufacturing expertise in Wisconsin.”
news from across Kentucky
Omnicare agrees to $16.48 millions settlement for financial violations
Kentucky’s share is nearly $350,000