Danisco has been identified as a potential bidder of Goodman Fielder’s food ingredients producer Germantown.
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The Australian Financial Review reported today that Danisco’s ingredient arm, Danisco Cultor, is involved in talks to acquire Germantown.
Goodman Fielder’s CEO David Hearn said earlier this month that he expected a deal to sell Germantown would be in place some time in May, but has not named potential bidders. Danisco has not commented on the report.
Germantown stabilizers and emulsifiers products are seen as a perfect fit for Danisco Cultor’s own portfolio of food ingredients.
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