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SiberHegner, a Swiss marketing and services company for food ingredients, has merged with Diethelm Keller Services Asia (DKSA ), the largest subsidiary of Diethelm Keller Holding (DKSH).
DKSA provides distribution and marketing services on food ingredients in 15 Asian and Pacific countries.
"We are a truly unique marketing and services organisation able to provide a comprehensive package of integrated services combined with the complete coverage of Asian markets. This is an excellent position to achieve above average earning power," said Jörg Wolle, CEO and managing director, DKSH .
Renato Fassbind, CEO of Diethelm Keller Holding and chairman of the board of the new company added: "The two organisations complement each other perfectly in their activities, markets served and their respective strengths."
In a joint statement the two companies claim that while Diethelm Keller Services Asia has a leading position in Asian markets, predominantly in Thailand, SiberHegner holds a long-standing position in Japan and has established a network spanning Asia, Europe and the Americas.
Founded in Yokohama, Japan, in 1865, SiberHegner is a Zurich-based marketing and services group with annual revenues exceeding CHF1 billion (€0.68bn) and approximately 1,200 employees.
Terms of the merger were not disclosed.