News

Iberchem Group To Acquire a Majority Stake In The South African Flavours And Colours Company Versachem

  • Scentium Flavours
  • 8 May, 2018
  • Categories: Corporate

Iberchem Group today announced it has entered into an agreement to acquire a majority stake in Versachem, an established privately owned company specialised in the development and manufacturing of food flavours and colours. Headquartered in Pretoria, South Africa, Versachem has been operating successfully in the region since 2006, offering a wide portfolio of high-quality products and counting on a full team of food technologists and flavourists. Rina Wulfsohn, founder and CEO of Versachem, will remain in the capital.

This announcement comes as a first milestone in Iberchem Group’s ongoing 2020 strategy of accelerating its organic growth through mergers and acquisitions. The Group is also currently focusing on the expansion of the footprint and capabilities of its flavour division, Scentium, within key fast-growing markets. The terms of the mentioned deal have not been disclosed, while Deloitte and PwC acted as advisors of the transaction.

“We are glad to be welcoming all of Versachem’s employees within the Iberchem Group’s family,” said Ramón Fernández, CEO of Iberchem. “Versachem’s portfolio and expertise, as well as its corporate culture, are highly complementary to the ones of the Group. This acquisition will help us to quickly expand our offer in what represents a key market for both our flavour and fragrance divisions. It will definitely accelerate our commitment to developing unique products tailored to local preferences and characteristics. Our team looks forward to leveraging on Versachem’s expertise.”

“We are delighted to be teaming with the Iberchem Group,” said Rina Wulfsohn, CEO of Versachem. “This alliance will highly benefit our trusted customers in the region mostly by strengthening our existing capabilities and abilities in the development of innovative flavour solutions. It will allow both companies to broaden their offering in South Africa and its neighbouring countries.”

"Actuaciones destinadas al fomento de la eficiencia energética y el uso de energías renovables cofinanciada por el Fondo Europeo de Desarrollo Regional (FEDER) y la Región de Murcia:
Auditoría energética determinando el potencial de ahorro energético y evaluando las oportunidades de reducción de la cantidad de energía consumida.
Renovación de equipos de iluminación y climatización por equipos con mayor eficiencia energética consiguiendo la reducción de las emisiones de CO2 emitidas a la atmósfera.

Objetivos de la actuación “INSTALACIÓN FOTOVOLTAICA PARA AUTOCONSUMO”: Conseguir una economía más limpia y sostenible. Avanzar en la evaluación y mejora de la eficiencia energética de las empresas, en particular las PYME. Fomento del uso de energías renovables por las empresas, en particular las PYME.
Resultados de la actuación “INSTALACIÓN FOTOVOLTAICA PARA AUTOCONSUMO”: Ahorro energético anual (10,47 tep/año). Capacidad de producción de energía (capacidad de la planta 109,02kWp, producción anual de 160,70MWh). Ahorro de emisiones de GEI anual (68,718 toneladas equivalentes CO2/año).
Estado de la tramitación “INSTALACIÓN FOTOVOLTAICA PARA AUTOCONSUMO”: Concedida. Inversión total realizada (75.387,23€). Apoyo financiero de la Unión (subvención obtenida, 24.933,03€). Subvención cofinanciado por FEDER 80%, y la Región de Murcia 20%."