DKSH has signed an agreement to acquire Victa Food, a specialized distributor of food and nutritional supplements in Italy. The acquisition is in line with DKSH's strategy to expand its specialty chemicals and ingredients business in Europe.
Zurich, Switzerland, May 19, 2022 – DKSH has signed an agreement for the acquisition of Victa Food, a specialized distributor of food and nutritional supplement ingredients in Italy. The acquisition expands DKSH’s food ingredient and supplements business in Italy, while bringing strong cross-selling opportunities to its existing customers.
Victa Food, founded in 2007, is headquartered in Mogliano Veneto, Italy. The company profits from a dedicated sales and marketing team of industry professionals. It also offers competitive functional ingredients as well as additives to the food and nutraceutical industry, with a special focus on sustainable and plant-based food solutions. Victa Food’s strong focus on technical support and tailor-made solutions will grant DKSH quick access to the fast-growing market of meat-replacement.
Thomas Sul and Natale Capri, Co-Heads Business Unit Performance Materials at DKSH, jointly said: “The acquisition of Victa Foods fits well into our strategy. It expands our presence, in the growing food ingredients space in Italy. The transaction also adds hundreds of new customers to DKSH, offering cross-selling opportunities for other products.”
Closing of the transaction is expected during the second quarter of 2022.