Essentia acquires Danish protein manufacturer Scanflavour

US-based protein maker Essentia has acquired Danish functional protein producer Scanflavour for an undisclosed sum.

Scanflavour was originally established in 1981 and is primarily engaged in the production of natural ingredients made from selected food-grade raw materials, which are sourced from authorised abattoirs.

Essentia intends to leverage the acquisition to further bolster its position in the global market for animal-based protein.

Essentia International president and CEO Asger Jacobsen was quoted by Foodbev.com as saying: “This transaction reinforces our strategic focus on growing our global presence.

“With the strong complementary fit in regards to the customer base, product range and technologies, we expect to capture several operational efficiencies necessary to deliver sustainable and profitable growth.

“We have great respect for Scanflavour and the products they have developed.

“We look forward to working with Palsgaard to develop the dairy market with the newly developed products from Scanflavour.”

Essentia is based in Ankeny, Iowa, and focuses on the production of meat protein solutions that improve yields, while giving products better texture and sliceability.

The company has also developed meat-based solutions that provide a better taste and body for a variety of savoury products, including soups, sauces and seasoning blends.

Essentia noted that Denmark-based manufacturer of emulsifiers and stabilisers Palsgaard, the previous majority shareholder of Scanflavour, will continue to distribute Scanflavour products to customers within the dairy industry following the acquisition.