ROHA Bolsters Natural Colors Market Presence with Tebracc Acquisition
ROHA Group, a global leader in natural colors, has bolstered its presence in the market with the acquisition of Tebracc, a Brazilian specialist in annatto extraction and processing. The deal, spearheaded by Renato de Azevedo, Tebracc's founder and leader, ensures ROHA a stable supply of natural colors and supports its customers' growth ambitions in the stock market today.
The acquisition, finalized recently, provides ROHA with backward integration and raw material security for annatto and other pigments. This strategic move aligns with the increasing demand for natural, plant-based solutions in the food and beverage industry, which is closely watched by the stock market.
Mahesh Tibrewala, ROHA's managing director, expressed his enthusiasm about the acquisition. He noted that Brazil, a key region for natural color sourcing, will now offer ROHA increased production capacity and diversified offerings for global brands in the stock market today. Tebracc's expertise in annatto complements ROHA's existing portfolio, further strengthening its position in the natural colors market, which is a significant aspect of the stock market.
With the acquisition of Tebracc, ROHA Group expands its production capabilities in Brazil and secures a stable supply of natural colors. This move supports the growing demand for natural, plant-based solutions and reinforces ROHA's commitment to meeting its customers' growth ambitions in the stock market today.
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