Spain: Alvinesa Natural Ingredients acquires Cades Penedes

Acquired company is a Catalonian manufacturer of grape-derived sustainable ingredients, based in wine-producing region Penedes

Daimiel-based circular economy agriculture firm Alvinesa Natural Ingredients has acquired Cades Penedes, a Catalonian manufacturer of grape-derived sustainable ingredients, based in wine-producing region Penedes.

Alvinesa Natural Ingredients upcycles and transforms plant-based coproducts into natural ingredients that promote healthy living. The company sells an extensive range of natural ingredients made from wine grape pomace for use in the food, beverage, nutrition, animal nutrition and wine-making industries.

Cades Penedes stated that the acquisition provides it with access to a source of grape-based raw material that is organically produced and contains higher-than-average levels of polyphenols (micronutrients with antioxidant activity). These ingredient characteristics are used in dietary supplements by food and beverage consumer product-makers.

Alvinesa’s chief executive Jordi Ferre said: “The addition of [Cades Penedes’] excellent grape raw materials supports our mission to provide our customers with unsurpassed quality, top-performing plant-based ingredients that are produced in the most sustainable and environmentally friendly way. This acquisition further strengthens our ability to support the product development and consumer marketing needs of the global nutrition, food and beverage product sectors.”

Jordi Julia, general manager of Cades Penedes, commented: “We look forward to joining the Alvinesa team and contributing to the company’s global ingredients expansion. We share the same values, commitment and passion for sustainability, the agriculture circular economy and delivering grape-based ingredients of outstanding quality.”