Corbion acquires bread improver business from Novotech

Corbion acquires bread improver business from Novotech, bolstering Indian market strategy

Corbion, a global leader in sustainable ingredient solutions, is pleased to announce it will acquire the bread improver business from Novotech Food Ingredients, based in Delhi, India. The strategic acquisition will increase Corbion’s footprint as a global functional solutions provider and fortify its presence in the Asia Pacific region.

The transaction marks a pivotal step in Corbion’s strategy to expand within the Indian market and deliver functional solutions that cater to a broader range of customer needs and preferences. By integrating this business into its portfolio, Corbion will deliver a deeper range of solutions to its customers, thereby strengthening its market position and capacity to provide exceptional value and variety in the Indian market.

“This acquisition marks a significant strategic milestone for Corbion,” said Andy Muller, President of the company’s Functional Ingredients and Solutions division. “By enlarging our footprint, augmenting our portfolio with products tailored to local market needs, and enhancing our collaboration with India-based global customers, we’re showing our commitment to sustained growth in India and broadening our reach into Asia. Leveraging local manufacturing strengths will help reinforce our position as a global solutions provider that is regionally relevant.”