OC Flavors, a manufacturer of liquid and powdered flavors for the beverage, dairy, plant-based, nutraceutical, confection and bakery industries and backed by Shore Capital Partners, has bought Novotaste, a Canadian-based provider of natural and organic flavor services.
With this deal, OC Flavors aims to drive its position as a provider of customizable flavor services and also expand its footprint into Canada and the northeastern U.S. to serve the food and beverage industry. The acquisition of Novotaste strengthens OC Flavors’ development and production capabilities, adds flavor talent and provides a bi-coastal presence to clients.
“We are delighted to join forces with the OC Flavors team to better serve our customers and become the platform’s launching pad for future growth in Canada and the Northeastern U.S.,” comments Robert Barakett, Novotaste’s president. “Novotaste’s flavor solutions are the perfect complement to OC Flavors’ existing offerings, and we are looking forward to this exciting next step in our journey.”