Döhler Group and Passina Group have reached an agreement on the acquisition of Concentra Europe BV with its Dutch and German subsidiaries by Döhler Group. The proposed transaction has now been filed with the relevant antitrust authorities and is conditional upon their approval.
This transaction marks a step where customers will benefit from a more complete offering and improved efficiency of the combined businesses in a global market that is characterised by volatility, as well as the challenges and opportunities of supply and demand. Döhler Group and Passina Group believe that this step has created a path towards further growth in the market, while simultaneously strengthening their respective positions, specifically as reliable suppliers of tropical and natural plant-based ingredients for the global food & beverage industry.
Concentra Holding AG, owner of the brand name Passina, will focus its future activities on its core business; the production and commercialisation of passion fruit products, including passion fruit juices, concentrates and derivatives. Maintaining its high quality standards, it will place additional focus on the development of innovative new products and solutions.