Alvinesa Natural Ingredients has announced the acquisition of Genosa, a producer of upcycled natural hydroxytyrosol derived from olive.
The Spanish plant-based ingredients company said that its acquisition of Genosa marks a significant milestone in its growth strategy and strengthens its position in the upcycled natural ingredients market.
Alvinesa upcycles and transforms agricultural coproducts from the wine industry into natural ingredients for food, beverages and nutraceuticals. Among its portfolio offerings is its flagship brand, Vintera, which focuses on grape extract rich in polyphenols, alongside natural colours, grape seed oil, natural flavours (wine concentrate) and natural tartaric acid.
Genosa’s high-purity natural hydroxytyrosol extracts are derived through a patented international process that utilises only physical and mechanical methods that abstain from the use of solvents.
The acquisition aims to further expand Alvinesa’s ingredient range and leverage the synergies between both companies to drive innovation and customer value. According to Alvinesa, it will be exploring ways to leverage Genosa’s expertise and technologies to enhance its existing product range as part of the integration process.
© FoodBev Media Ltd 2024
World Beverage Innovation Awards – NOW OPEN FOR ENTRIES!
The awards celebrate excellence and innovation across the global beverage industry. Don’t miss out on having your innovations recognised on a global scale.
Deadline for entries 23 July – enter now!
Don’t get left behind
Start your free Foodbev magazine trial today and join thousands of fellow industry professionals in receiving food and drink trends direct to our business.
Click here to start your free trial
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.