Cargill announced that it intends to acquire the global pectin business of Citrico, a manufacturer and international supplier of citrus products for the food, beverage and pharmaceutical industries

Food & Drink Weekly, March 14, 2005

Cargill announced that it intends to acquire the global pectin business of Citrico, a manufacturer and international supplier of citrus products for the food, beverage and pharmaceutical industries. Cargill has not previously supplied pectin so the acquisition will strengthen the company's existing texturizing and stabilizing ingredient portfolio and facilitate the creation of value and growth for customers, it said.

By integrating Citrico's pectin business with the Cargill/Cerestar specialty starches and xanthan gum business, the company will be better positioned to deliver unique, high value solutions to food and beverage companies worldwide, it said.