AAK to purchase BIC International Holding’s lecithin arm
By Bakers Journal
AAK has agreed a deal to purchase the lecithin arm of BIC International Holding, increasing its footprint in the European lecithin market.
Lecithin is a natural emulsifier produced from plant-based oils such as soy, sunflower and rapeseed.BIC Ingredients supplies non-GM speciality lecithin and lecithin compounds. The Netherlands-based company sources its raw materials from various regions around the world.
AAK will integrate BIC Ingredients’ products into its current portfolio of speciality lecithins, sold under the Akolec® brand.
Alec van Veldhoven, Commercial Director at AAK Natural Emulsifiers, said in a statement: “BIC Ingredients is a natural fit with our business. BIC’s existing lecithin customers will now be able to benefit from AAK’s unique customer co-development approach, which is driven by customer needs, built on collaboration, and geared for better success rates and lasting value. By expanding our portfolio further, we will be able to create even better solutions in close collaboration with our customers globally.”
AAK’s acquisition of BIC Ingredients represents the next step in the company’s ambition to become a global leader in speciality lecithin. It is also an opportunity for customers to source speciality lecithin ingredients alongside oils & fats from one trusted supplier.