BDA Partners (\u201cBDA\u201d) is pleased to announce that its client, Kerry Group plc of Ireland (\u201cKerry\u201d), has successfully acquired 100% of Tianning Flavour & Fragrance (Jiangsu) Co., Ltd (\u201cTianning Flavours\u201d), a leading producer of food ingredients headquartered in Jurong, Jiangsu Province, China. BDA acted as exclusive financial advisor to Kerry from identification of the opportunity through to its execution. The acquisition significantly increases Kerry\u2019s presence in the supply chain serving major food and beverage manufacturers throughout China.<\/p>\n
Tianning Flavours is one of China\u2019s premier players in the food ingredients sector. Since its founding in 2005, it has supplied both domestic and international food and beverage customers with a range of innovative and high-quality flavours and fragrances. Tianning Flavours has also established a nationwide sales network, with branch offices in key locations including Shanghai, Guangzhou, Wuhan, Zhengzhou, and Shenyang.<\/p>\n
\u201cThis transaction is a clear demonstration of BDA\u2019s cross-border buyside advisory capability for sophisticated clients looking to further develop their presence in Asia via acquisition. We wish Kerry all future success as the new owners of Tianning Flavours,\u201d said Mark Webster, Partner and Managing Director of BDA, based in Shanghai.<\/p>\n
Terms of the transaction were not disclosed.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-6628","transaction","type-transaction","status-publish","hentry"],"acf":[],"yoast_head":"\n