Gums / Starches / Ingredients / Supplier News

Penford Corp. acquires Gum Technology

March 28, 2014
/ Print / Reprints /
/ Text Size+

Penford Corp., Centennial, Colo., a leader in ingredient systems for food and industrial products, completed the acquisition of Gum Technology Corp., Tucson. Ariz., a gum and hydrocolloids blending, services and distribution company, on March 25.

“Gum Technology’s product line, culture and approach to the market are aligned with Penford’s and with our efforts to build our specialty ingredients businesses,” says Tom Malkoski, CEO, Penford Corp. “Both teams are enthusiastic about opportunities to create value for customers through technology, product innovation and technical service. With our expanded product line, we can offer customers a choice of innovative new products and a broad range of applications.”

As a business unit of Penford Food Ingredients, Gum Technology will continue to offer a range of gums and other hydrocolloids throughout North America and Asia. Gum Technology’s products are found in a wide variety of food products, including bakery and frozen foods. They will be marketed under the current brand names.

Penford’s portfolio of nongenetically modified products is the foundation for new specialty ingredient systems using Gum Technology’s Coyote Brand gums and GumPlete stabilizer systems. Penford’s product portfolio includes clean-label and modified starches from potato, corn, rice and tapioca; PenFibe dietary fibers; and PenDure vegetable-based proteins.

Penford also plans to explore new opportunities to expand its industrial bio-products business through innovative starch-gum composite products.

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.



Image Galleries

2014 Bakery of the Year: Capistrano's Wholesale Bakery, Phoenix AZ

Here’s a look at Capistrano’s Bakery, our 2014 Bakery of the Year.

11/7/13 2:00 pm EST

Food Plant of the Future: The Future of Wastewater Management

Available On-Demand Effective management of wastewater is becoming increasingly critical to food and beverage processors as the cost for incoming water increases...

National Pizza Month

October is National Pizza Month! Where do you go to grab a slice (or two) of your favorite pie?
View Results Poll Archive


Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Facebook IconTwitter IconYoutube IconLinkedIn Icon

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!