Carbery Group Announces Acquisition of Innova Flavors

Carbery Group, the West Cork based international ingredients, flavors, and award-winning cheese producer, has announced the acquisition of leading savory flavor and ingredient supplier, Innova Flavors, from Griffith Foods Worldwide.

The new company will be an addition to Synergy, Carbery’s international flavors business. Acquiring Innova brings a new range of savory solutions to customers who partner with Synergy on the creation and growth of their product portfolios. Known in the US for their sweet flavors, extracts and essences, this strategic purchase expands the savory capabilities of Synergy US and complements Synergy’s offerings worldwide.

“Our primary purpose is to add value for our farmer shareholders”, comments TJ Sullivan, chairman of Carbery Group. “Through a series of acquisitions in the UK, the USA, Europe, South America and Asia, we have successfully built Synergy, our international flavors business. This new acquisition brings new opportunities with customers and markets that will strengthen the returns across our whole business.”

Innova supplies customized savory flavors and ingredients to customers around the world. Their manufacturing facilities are based in the Chicago area, as is the HQ of Synergy US.

“This acquisition offers significant benefits to Synergy customers by providing them access to a proven range of flavors to meet the growing demand for natural flavorings and savory ingredients, and these products complement Synergy’s current offerings”, comments Rod Sowders, president and CEO of Synergy Flavors Americas. “In addition, our global footprint and history of investment in acquisitions will allow Innova customers to benefit from the deep flavor expertise and global reach of our organization.”