The ingredient solutions company will discuss its latest financial performance weeks after completing the sale of its majority stake in Pakistan’s Rafhan Maize.
The partnership also includes an equity investment from AAK in Savor, and will focus on scaling solutions for two segments where fats play a critical role in taste, texture, and functional performance.
The partnership will see the technology deployed at Crespel & Deiters’ facility in Helmond, the Netherlands, to produce high-quality textured vegetable proteins (TVP) from European-grown pulses such as fava beans and peas.
The systems are engineered to load multiple trays of unbaked product onto corresponding oven decks quickly and safely, then unload them after baking, removing strenuous, repetitive tasks from bakery staff and reducing the risk of workplace injuries.
The company has completed a US$5 million upgrade that will increase soybean processing and expand support for Italian farmers.