"This acquisition marks a significant milestone in Alvinesa’s growth strategy and strengthens its position as a key player in the upcycled natural ingredients market.”
Alvinesa has acquired Genosa, thus boosting its portfolio of natural upcycled ingredients with Olive extract.
Speaking about the move, a spokesperson for Alvinesa said: “We are thrilled to announce that Alvinesa Natural Ingredients has successfully acquired Genosa. This acquisition marks a significant milestone in Alvinesa’s growth strategy and strengthens its position as a key player in the upcycled natural ingredients market.”
Alvinesa Natural Ingredients is a “circular economy” leader of sustainable plant-based ingredients. Alvinesa upcycles and transforms agricultural coproducts from the wine industry into valuable natural ingredients for the Food, Beverage, Animal Health and Nutraceutical industries.
Alvinesa’s portfolio of natural ingredients is the result of years of research and development, driven by its belief in harnessing the power of nature to deliver valuable ingredients. Among its esteemed offerings is the flagship brand, Vintera, which focuses on grape extract rich in polyphenols.
The Vintera brand has gained recognition for its exceptional quality, food protection capabilities and the numerous health benefits associated with its polyphenol content. In addition, its portfolio includes natural colour, grape seed oil, natural flavour (wine concentrate) and natural tartaric acid.
Genosa stands as a global leader and trailblazing company in the production and commercialisation of upcycled natural hydroxytyrosol (Hytolive) derived from olive fruit. Since its establishment in 2001, the company has made substantial investments in human expertise and financial resources, prioritising the production of premium natural extracts and delivering added value to its valued customers.
Genosa was one of the first companies to introduce high-purity natural hydroxytyrosol extracts derived from olive fruit. Their patented international process utilises only physical and mechanical methods, ensuring the utmost quality and environmental responsibility by abstaining from the use of solvents in the extraction of hydroxytyrosol.
This acquisition presents a unique opportunity for Alvinesa Natural Ingredients to further expand its ingredient range and leverage the synergies between both companies to drive innovation and customer value.
As part of the integration process, Alvinesa will be exploring ways to leverage Genosa's expertise and technologies to enhance its existing product range.