FlavourArt

FlavourArt

Italy

Date: June 2020

Minority shareholding

Status: Active

flavourart.it

 

FlavourArt is a leading group active in Italy and North America in the production and commercialization of liquid and powder flavorings for the food, confectionery, beverage, liquor and electronic vape industries.

With two production sites in Italy (Oleggio) and one in Canada (Beamsville), the Group's turnover is generated for 50% in the USA through the Canadian subsidiary FlavourArt North America; the remaining 50% in Europe and worldwide, in countries such as Italy, UK, Germany, Russia, France, Serbia, South Korea, Turkey, Thailand, Malaysia and Paraguay. Over 85% of turnover is generated by flavorings, with over 300 product references and customers present in more than 30 countries.