WILD Flavors Acquires Stake In Amazon Flavors, Establishes Presence In Brazil's Beverage Market

WILD Flavors GmbH acquired a stake in Amazon Flavors, a major manufacturer of natural flavors, extracts, emulsions, and compounds for Brazil’s fast-growing beverage market. WILD’s partnership with Amazon Flavors, whose product portfolio includes natural extracts and flavors derived from the guarana plant, açai berries, oranges and grapes as well as cola flavors, helps the Swiss company establish and expand its presence in the region. Based on the latest market data, Brazil’s beverage sector has plenty of growth potential, with an annual growth rate of 3–4 percent for the soft drinks market in the medium term, according to market research firm Canadean.