Acquisition of ‘complementary player’ Lecico to boost Avril’s speciality ingredients portfolio

By Flora Southey contact

- Last updated on GMT

(Image: Getty/Mny-Jhee)
(Image: Getty/Mny-Jhee)

Related tags: Oil, Lecithin, Ingredient

Agri-food giant Avril says the purchase of German lecithin and phospholipids producer Lecico improves its position in the specialty ingredients market.

Hamburg-based Lecico supplies non-GMO lecithin, made out of soya, sunflower and rapeseed, as well as phospholipids, as functional and nutritional ingredients to food manufacturers.

According to the purchase agreement, the Avril Group will integrate Lecico into its Oil & Ingredients Solutions (OIS) platform. Financial details of the deal were not disclosed.

The acquisition enables the oil giant to consolidate and develop Lecico’s business, said Avril. “It brings new opportunities with sunflower sourcing and a significant size to help Lecico develop its product portfolio and customer reach,” ​an Avril spokesperson told FoodNavigator.

“Since the acquisition of Novastell by Avril, our team has significantly grown the range of natural ingredients and solutions we can offer to our Health & Nutrition customers: from vegetal, egg-based and marine phospholipids, through natural anti-oxidants as tocopherols, to innovative specialty oils and other bio-active​ ingredients - Valérie Barrois, sales and business development director for Ingredients, Avril OIS

Olivier Tillous-Borde, managing director of Avril OIS, similarly said the acquisition will improve Avril’s position in the non-GMO lecithin market: “Synergies with our existing ingredients are obvious and our joint market reach will be stronger.

“We are very much looking forward to welcoming the Lecico team as they join the Avril Group,” ​he said in a statement

A complementary acquisition

The acquisition comes six months after Avril purchased French lecithin supplier Novastell​. The Normandy-based business supplies a range of organic, conventional and non-GMO lecithin in liquid and powder form.

Novastell and Lecico are complementary players, the spokesperson told us: “Geographically, their commercial locations offer greater access to the market for lecithins and ingredients.

“Product-wise, the convergence brought by this acquisition offers stronger product range and expertise, [for example in] functional ingredients, milk phospholipids, [and] organic lecithin.”

In other restructuring news, Avril announced a partnership with family-owned Italian olive oil manufacturer Costa d’Oro​ in May last year. By leveraging Avril’s operational structure, Costa d’Oro vertically integrated its own agricultural supply chain and industrial production – a move designed to boost its position in the olive oil market. 

Related news

Show more

Related products

show more

Stable antioxidants for deep frying applications

Stable antioxidants for deep frying applications

Kancor Ingredients Limited | 22-Jul-2019 | Technical / White Paper

Large quantities of wastage occur for frying oil in the snacking segment. When oil is fried at high temperatures, it quickly reaches its smoke point and...

Know your Ethnic Dairy Opportunities

Know your Ethnic Dairy Opportunities

DuPont Nutrition & Biosciences | 05-Dec-2018 | Technical / White Paper

Global consumers often look for something new from the yogurt category and products with a good story. In Western markets, this demand is driving a trend...

The unrivalled potential of gelatine

The unrivalled potential of gelatine

Gelita AG | 03-Dec-2018 | Data Sheet

Gelatine’s multifunctional technological properties provide product developers with an unrivalled toolbox for current and future food applications. None...

Chicory root fibre for bread improvement

Chicory root fibre for bread improvement

Cosucra Groupe Warcoing SA | 03-Dec-2018 | Technical / White Paper

Fibruline™ Instant chicory root fibres is an excellent source of fibre for white bread production. It can be used with minimal adaptations of the recipe...

Related suppliers

Follow us

Featured Events

View more


View more