Oterra has closed its acquisition of Secna Natural Ingredients Group S. L. This is the first acquisition for the company, which itself was purchased by private investment firm EQT in March 2021 when Chr. Hansen divested their natural colours business (Chr. Hansen Natural Colors). Oterra recently announced its intention to pursue a second acquisition, namely Diana Food’s colours business.
With this acquisition, Oterra will further enhance its value offerings to customers worldwide. Notable portfolio additions include Secna’s anthocyanins from black carrots and grape, as well as caramel and an organic range. After a period, the Secna group will be fully incorporated into Oterra. Approximately 80 Secna employees, based in Spain and Italy, will join the company.
Odd Erik Hansen, CEO of Oterra, stated: “We expect the addition of Secna to be a meaningful contributor to Oterra’s growth in 2021 and beyond, as we solidify our position as the world’s leading supplier of natural colours. We look forward to offering both our and Secna’s customers a fully integrated go-to-market service soon”.