Elmshorn-based Capol GmbH, a Business Unit of Freudenberg Chemical Specialities, SE & Co. KG (FCS), is set to acquire Colarôme Inc., Saint Hubert, Canada with immediate effect. Capol expects to benefit from future important synergies both for product innovation and market penetration.
The acquisition builds the foundation to further expand the global Capol business. As part of the acquisition, Capol obtains a new production plant in North America which will further strengthen the business in this region and abroad.
Both Capol and Colarôme have deep expert knowledge in special applications of the food industry, particularly in the confectionery market. The Capol portfolio serves all applications of the confectionery industry requiring surface treatment, e.g. anti-sticking agents for gums and jellies, glazes and polishing agents for sugar dragées or chocolate-coated centers.
Colarôme, based in St. Hubert in the greater Montreal region, was founded in 1998. The company holds patents on a production technology for a unique line of natural pigments allowing to create innovative coating products for food applications. The company offers flavor formulations and natural color pigments as well as natural vanilla extracts. Colarôme currently employs 17 people.