KKR bought into the Swiss business in 2010 and owned a 35 per cent stake ahead of the sale according to WILD’s website.
WILD has estimates net revenues of about €1bn and more than 3,000 customers worldwide for its ingredients, fruit concentrates and blends.
KKR Europe, Middle East and Africa head Johannes Huth said, “WILD Flavors represented for KKR the opportunity to partner with an innovative family entrepreneur in developing a high-quality, R&D driven, Germany-based Mittelstand business.
“The partnership was tailored to the family ownership and the vision of Dr. Wild to develop WILD Flavors into a globally integrated producer of flavors and flavor systems.
“The substantial growth and global expansion of WILD Flavors over these past years helped make the company an attractive and valuable partner for an industry-leading global company like ADM.”
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