Swedish vegetable oils and fats producer AAK is set to become one of the world’s leading suppliers of speciality lecithin after acquiring a majority stake in UK-based Soya International. Lecithin is a natural emulsifier produced from vegetable oils such as soy, sunflower and rapeseed.
The business will trade under the new name AAK Soya International Ltd. AAK Soya International supplies a comprehensive range of products, including non-GMO liquid lecithins, non-GMO powdered lecithins, organic lecithins and speciality lecithin solutions developed for chocolate, confectionery, bakery, dairy and infant nutrition applications.
Following the acquisition, there will be no change to current lecithin supply arrangements for existing customers. However, the new set-up provides significant business opportunities for new and existing customers. AAK Soya International’s products are already available in more than 40 countries, and the company’s reach will now extend further thanks to AAK’s global sales network. For AAK’s customers, meanwhile, the acquisition provides an opportunity to simplify operations by sourcing speciality lecithin ingredients alongside oils & fats from one trusted supplier.