Taylor Wessing France advised Prodalim, a global leader in juice-based solutions and specialty ingredients, on its acquisition of René Laurent, a leading company in the beverage flavorings sector, previously owned by International Flavors & Fragrances Inc. (IFF).
Founded in 1885 in the surroundings of Grasse (France), René Laurent is a century-old brand renowned for its unique expertise in beverage flavor solutions and unique ingredients. The company works with major international groups and local players, offering in-depth expertise in the development of complex, tailor-made flavors, particularly for syrups, liqueurs, natural flavors, and coffee. Its extensive flavor portfolio and in-house distillation and extraction capabilities make it a key player in the industry.
René Laurent joins Prodalim's Beverage Compounds unit, strengthening the group's beverage solutions offering. With a wide range of solutions, a robust supply chain, advanced product development capabilities, and an international sales organization, Prodalim now offers a comprehensive, customized “one-stop shop” offering to its customers worldwide and is accelerating its growth strategy.
This acquisition marks a new step in Prodalim's strategic transformation, which aims to consolidate its position as an innovative, high-value-added partner for the food and beverage industry.