Orafti acquires rice company

Posted 29 November, 2001
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BELGIUM – Ingredient supplier Orafti has acquired Remy Industries.

Based in Belgium, Remy is a leading producer of rice starches, rice flours and rice proteins. The company’s production unit is located in Wijgmaal. Officials at Orafti believe the acquisition will complement the company’s range of ingredients, which include Raftiline, Raftilose and Raftisweet, extracted from chicory.

Chief executive officer at Orafti George Smits said: “The Remy products and market approach are to a large extent comparable to Orafti’s. We have a similar customer base and our corporate cultures are a perfect fit.” He added: “The acquisition will offer new opportunities to our customers through the synergies in texturisers and functional ingredients that we now offer.”