AAK acquires BIC International’s specialty lecithin unit
Acquisition will expand AAK’s presence in the European lecithin market.
AAK will acquire BIC Ingredients, the lecithin arm of BIC International Holding, to increase its footprint in the European lecithin market and support its vision of becoming a leading supplier of speciality lecithin.
BIC Ingredients supplies non-GM speciality lecithin and lecithin compounds. The company, based in the Netherlands, sources its raw materials from around the world. Lecithin is a natural emulsifier produced from plant-based oils such as soy, sunflower and rapeseed.