Functional ingredients multinational Prinova Global has purchased Brazilian company Aplinova.
The São Paulo-based company supplies speciality ingredients for food, beverage, supplements and personal care. Its current focuses include sugar reduction, natural flavours, and customisations for health and wellness.
Prinova’s acquisition of the company is the latest stage in its growing presence in Latin America, following its purchase of Brazilian citrus oil processor Flavor Tec in 2023.
The purchase aligns with increasing consumer demand for functional and healthy ingredients as well, according to Masaya Ikemoto, representative director and senior managing executive officer at Prinova parent company NAGASE Group.
“The Brazilian ingredients market is increasingly important and Aplinova has long been one its key players, so we’re excited to bring them into the Prinova family,” says Prinova CEO Richard McEvoy.
This is another big milestone on our growth journey, and a crucial step in our long-term mission to expand our global presence. Most importantly, it will bring significant benefits to manufacturers, both in the LatAm region, and across the world."
Prinova is a supplier of functional ingredients, including proteins, amino acids, sweeteners and vitamins.