Cargill grabs pectins

Cargill has announced that it is to acquire the global pectin business of Citrico, a manufacturer and international supplier of citrus products for the food, beverage and pharmaceutical industries. The deal is subject to regulatory approval.

Cargill has not previously supplied pectin so the acquisition will strengthen the company’s existing texturising and stabilising ingredient portfolio.

Pectin is a natural hydrocolloid that is extracted primarily from citrus peels, such as lemons, limes or oranges. It is used widely in a variety of applications, including fruit processing, dairy, non-carbonated beverages, confectionery and the pharmaceutical industry.

In 2002, Cargill acquired Cerestar to enhance its capabilities in specialty starches and sweeteners. The company then formed a joint venture to ensure access to xanthan gum that is another widely used texturiser. The company intends to integrate Citrico’s pectin business with the Cargill/Cerestar specialty starches and xanthan gum business.

The owners of Citrico’s pectin business were Citrico International and Citrico Deutschland. The former entity was put into liquidation in December 2004. Citrico Deutschland has continued to operate and was not subject to liquidation proceedings.