Food dye firm Fiorio Colori joins the AromataGroup family

By Will Chu

- Last updated on GMT

Flavour and aromatic extract specialists AromataGroup add Fiorio Colori to their comapny portfolio. ©iStock
Flavour and aromatic extract specialists AromataGroup add Fiorio Colori to their comapny portfolio. ©iStock

Related tags Company Remainder

AromataGroup has bought a majority stake in Fiorio Colori in a deal that represents the last of an acquisition spree by the flavour and aromatic extract specialists.

Under the terms of the agreement, AromataGroup will hold a 76% stake in Fiorio Colori with the remainder owned by the Fiorio family.

Fiorio Colori’s CEO, Enzo Rosati, remains in the hot seat along with AromataGroup’s CEO Tonio Grassmann, who will co-manage the company. Fiorio family member Franco Fiorio will remain in the company as non-executive chairman.

The company said it would continue to operate on its current production site in Gessate, where the commercial and R&D offices are based. It plans to continue as an independent business unit of AromataGroup and build on a 2015 turnover of around €11m.

Bruno Arena, export manager for the AromataGroup said that the latest purchase was in keeping with the AromataGroup growth strategy of "aggregating medium size companies within the flavour and colour business".

Previous acquisitions of Select Alimenta, Emans Derivati Aromatici and Variati Aromi, means AromataGroup have interests in the household, personal care, chemical as well as food & beverage industries.

“In our opinion the health segment is the one that is heavily trending so we are trying to develop innovations in the sweet and savoury areas as well as in beverage,”​ said Arena.

Hans Udo Wenzel, president of AromataGroup said: “This is our fourth successful closing after we have started our project end 2011 with the acquisition of Select Alimenta.​”

“We continue the aggregation process of flavour and colour producing companies for the food & beverage industry, with the goal of fostering the cooperation among innovative companies and in order to be for our customers a valid alternative versus the major market players."

Related topics Business Flavours and colours

Related news

Related products

show more

Flavor technology for bold, bright citrus flavors

Flavor technology for bold, bright citrus flavors

Content provided by ADM: Gain an Edge with Global Consumer Trends | 10-May-2023 | Case Study

Our collaborative global team of expert citrus flavorists combines technology and experience to make ADM the full-service partner you need to shape your...

Future of Functional Beverages in Europe

Future of Functional Beverages in Europe

Content provided by Glanbia Nutritionals | 05-May-2023 | Insight Guide

The strong appeal of functional beverages to support health is changing the RTD landscape in Europe. Here’s a look at Europe’s functional beverage trends...

Create Better-for-Everyone Reduced-Sugar Products

Create Better-for-Everyone Reduced-Sugar Products

Content provided by SweeGen | 04-May-2023 | Product Presentation

Consumers are growing wiser about wellness. Create reduced-sugar products that are better tasting and better for your consumers with Sweegen’s expertise...

Drinking with our eyes first

Drinking with our eyes first

Content provided by Lycored | 28-Apr-2023 | Product Brochure

Whether flavored waters, sports drinks, juices, mocktails or low alcoholic beverages, the beauty behind coloration doesn’t just lie in visual appeal, but...

Related suppliers

Follow us


View more