Porter Hedges Advises Axxence on its Combination with Natural Advantage

Porter Hedges advised Axxence Aromatic GmbH (“Axxence”), a leading European manufacturer of natural aroma ingredients, on a definitive agreement to combine its business with Natural Advantage, LLC (“Natural Advantage”) a prominent US manufacturer specializing in natural and kosher flavor ingredients.

The Group will generate approximately €70.0 million in combined revenues, operating 3 production sites with its natural products and compounds distributed across 45 countries.

Headquartered in Emmerich, Germany, Axxence is a leading manufacturer and supplier of natural flavor ingredients to the global flavor and fragrance industry. The company currently has around 135 employees and more than 250 natural flavor product solutions that are sold in over 35 countries to more than 240 customers.

Natural Advantage was formed over twenty-eight years ago to supply the growing demand for natural food and flavor ingredients. The company employs a wide range of multi-disciplined people who are dedicated to high quality products and services, customer satisfaction and creating an outstanding value for their customers.

Porter Hedges served as co-counsel with Lupp + Partner out of Frankfurt, Germany.

For additional details, see the Axxence press release here.