Roquette has completed the acquisition of Sethness Products Company (Sethness), a leader in the production of caramel colours for food and beverage applications, further leveraging both companies' global capabilities in caramel colours. Operations and businesses of both companies will be run independently, according to the company announcement. Before the acquisition, Sethness and Roquette already had a strong partnership, operated two successful joint-ventures in France (Merville) and China (Lianyungang). The acquisition will reinforce Roquette’s position as a leading player in the food & beverage markets and further drive value for its customers, according to the company.
Founded in the USA in 1880, Sethness is a leader in the production of high-quality caramel colour for the food & beverage sectors, thanks to four manufacturing facilities located in the US, France, India and China. The company provides a large selection of caramel colours (in liquid and powdered forms) as well as a variety of clean label caramel colour options (non-GMO, certified organic, gluten-free, allergen-free, etc.).