Last May, IGH Flavours & Technology S.A. moved by its National and International Growth and Expansion Plan, acquired part of Expafruit’s S.A. share capital.
The Spanish company IGH Flavours & Technology S.A. with headquarters in Murcia, known for its flavours and products for the Food Service Industry, last month of April became part of Expafruit’s S.A. shareholding. After acquiring a percentage of the share capital, an increase in share capital has been agreed to give Expafruit financial leverage, becoming IGH the biggest shareholder of the company and, therefore, being in charge of its daily management. With the entrance of IGH, Expafruit becomes part of the group of companies of IGH, together with IGH Aroma in Turkey.
Expafruit S.A. located in Sant Boi de Llobregat (Barcelona) was founded in 1973 and is recognized for its extensive experience in food preps based on fruits, vegetables, cereals and others… especially for the dairy, ice-cream, bakery and pastry industries. The company counts with different versatile production lines, designed to harmonize characteristics or different kinds of preps. according to its application.
Today IGH is present, through its products, in more than 30 countries, the company counts with commercial delegations in different continents and has an ambitious Growth Plan which resulted in this union.
IGH’s vocation is to provide an outstanding customer service to its clients by providing the most innovative technological solutions; in fact all the company’s developments and investments are focused on meeting its expectations regarding service vocation. According to its General Manager, Jose María Martínez: “With the union of the two companies we will be able to expand our possibilities and meet the needs of our clients, by being able to develop from the flavours to the more specific preparations.”
With this investment, the two companies increase their production capacity and will be able to improve the service they provide, by offering its clients two production centers in Spain including a technical department and a consolidated and experienced R+D+I department which will be able to answer the most demanding projects.
IGH and Expafruit hope that this common project will be the ideal tool to achieve, together with their clients, new goals.