date:Sep 20, 2012
give them a more global reach, introducing them into Russia and Asia, for example.
Cranberry leader
The acquisition is the fifth US based buy-out for the French group and is the first since acquiring Chart Corporation in 2007. The acquisition also ties in nicely with the previous buy-out of ingredient spcialists Burgundy, who also specialize in cranberry extracts.
Only a few years ago Burgundy was a small but competitive rival to DBS in the cranberry space, said Lambert. Now, with both compa