THEW ARNOTT SELLS COLOUR BUSINESS TO EXTRACHEM GMBH

Specialist ingredients company, Thew Arnott Group has completed the sale of its colour business, Horizon Specialities, to Extrachem GmbH, based in Germany.

Extrachem GmbH has been a trusted partner and distributor for Horizon Specialities’ high-quality range of colours, dyes, pigments and lakes in Germany for several years. Extrachem GmbH has a strong position in the food and feed industry as well as home and personal care markets in Germany and Europe; the addition of the Horizon range of products will further strengthen the company’s in-house expertise and competitive position in the marketplace.

The sale of Horizon Specialities will enable Thew Arnott to focus on its core business of ingredients such as lecithins, starches, coatings and polishes for the food, confectionery, pharmaceutical, and personal care industries.

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