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Kerry Taste and Nutrition has acquired the Spanish non-allergenic and organic plant protein company Pevesa Biotech.
Kerry Taste and Nutrition (Naas, Ireland) has acquired the Spanish non-allergenic and organic plant protein company Pevesa Biotech. The firm is an established leader in non-allergenic, non-GMO plant proteins for the infant, general, and clinical nutrition markets, offering a range of proteins that include organic pea and rice protein, as well as protein hydrolysates.
“Kerry is extremely pleased to bring the global expertise of Pevesa into our leading plant protein portfolio,” said John Reilly, vice president of business development, Proteins, for Kerry, in a press release. “Kerry was attracted to Pevesa because of its expertise, innovation, high-quality manufacturing leadership, and patented technology in the non-allergenic plant protein market. This will be a good fit with Kerry’s growing plant protein product portfolio, and Pevesa’s customers will benefit from the synergy between its market-leading technology and Kerry’s protein processing expertise.”
The acquisition enhances Kerry’s position in the hydrolyzed plant protein space and expands the company’s capacity to serve the growing plant protein market.