Milling & Baking News - September 24, 2019 - 17

Business

AAK acquires U.K.-based Soya
International, lecithin specialist
MALMÖ, SWEDEN - AAK has acquired a majority stake in Manchester,
U.K.-based Soya International. The
business will trade under a new name:
AAK Soya International Ltd.
"This acquisition is highly positive
both for us and our existing customers," said Sonny Arora, co-founder of
Soya International. "AAK shares our
vision of achieving growth by focusing
on key industry trends, and we're excited to continue on this journey, driven
by a new, dedicated leadership team."
Mr. Arora, who founded Soya International in 1996 with his brother Sonu,
will remain as managing director of
AAK Soya International.
AAK Soya International supplies
a range of products, including nonG.M.O. liquid lecithins, non-G.M.O.
powdered lecithins, organic lecithins
and specialty lecithin solutions developed for chocolate, confectionery, bakery, dairy and infant nutrition applications. Lecithin is a natural emulsifier
produced from vegetable oils such as
soy, sunflower and rapeseed.
"Our ambition is to be one of the

Mi Rancho launches
non-G.M.O. tortillas
SAN LEANDRO, CALIF. - Mi Rancho is expanding its tortilla product
line with the launch of three new Mi
Rancho non-G.M.O. tortillas.
Mi Rancho said the tortillas have
been certified by the Non-GMO Project. The three tortilla varieties are: nonG.M.O. soft taco flour, non-G.M.O.
white corn and non-G.M.O. cornflowers, which features a new formulation
made from a hybrid corn-wheat flour.
"Adding these new non-G.M.O. tortillas to Mi Rancho's product line is
part of our commitment to keep pace
with food industry innovations while
staying true to our commitment to
quality and time-honored production
techniques we have perfected over
the last 80 years," said Manuel Berber,
president of Mi Rancho.
The tortillas will be available at
regional grocery outlets such as Gelson's, Jimbo's, Lassens, Mollie Stones,
Naturally, Nugget Markets, Natural
Grocers in the Pacific Northwest, Safeway in northern California, and select
independent grocers.
Mi Rancho produces 4.5 million tortillas each day. MBN
bakingbusiness.com / world-grain.com

world's leading non-G.M.O. lecithin
suppliers, with a focus on value-adding specialty products," said Marco
Oomen, global business director of
chocolate and confectionery fats at
AAK. "The establishment of AAK
Soya International gives
us a major foothold to
do this, and it's a perfect strategic fit with
AAK's specialty oils
and fats portfolio."
Following the acquisition, there will
be no change to current lecithin supply
arrangements for existing customers.
AAK Soya International's products are
available in more than 40 countries,
and the company's reach will now extend further due to AAK's global sales
network. The company will continue to
operate out of Manchester, U.K.
"In the oils and fats sector, AAK is
globally recognized as the co-development company," said Alec van Veldhoven, senior director of AAK Soya
International. "We partner with our

customers to find optimal solutions for
their products, and they appreciate this
approach. Now we can also deliver this
value proposition in the lecithin sector."
AAK said the acquisition gives
customers the opportunity to simplify operations by sourcing specialty
lecithin ingredients alongside oils
and fats from one supplier. There is
growing demand for non-G.M.O.,
sustainably produced
lecithin
ingredients
in traditional markets
like Europe with high
growth in the United
States and Asia.
AAK is a provider of vegetable oils
and fats. Expertise includes lipid technology within foods and special nutrition applications, a wide range of raw
materials and broad process capabilities enable AAK to develop innovative and value-adding solutions across
many industries, including chocolate
and confectionery, bakery, dairy, special nutrition, food service and personal care. The company has more than
20 different production facilities, sales
offices in more than 25 countries and
more than 3,700 employees. MBN

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Milling & Baking News
September 24, 2019 / 17
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Milling & Baking News - September 24, 2019

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