Duas Rodas acquires Tropextrakt GmbH to expand global food industry presence

Brazilian multinational Duas Rodas, a leader in flavors, botanical extracts, and ingredients for the food and beverage industry, has announced a significant expansion with the acquisition of tropextrakt GmbH, a Frankfurt-based company. This transaction marks a new growth cycle for Duas Rodas as it nears its 100th anniversary, boasting an impressive global presence with production units in four countries, offices in the US and China, and a customer base of over 10,000 worldwide.

Transforming Tropextrakt into an Innovation Hub

Tropextrakt specializes in importing and distributing botanical extracts and a wide variety of natural tropical fruit products. Its laboratory, integral to the manufacture of food and beverages, will be transformed into an innovation and technology center, focusing on supplements and functional food industry products. This aligns with Duas Rodas’ growth strategy in the European health food market.

A Synergistic Partnership

Leonardo Zipf, president of Duas Rodas, highlighted the acquisition’s strategic fit, envisioning a business, research, and innovation center for the European market. Rosemeri Francener, international business director at Duas Rodas, emphasized the sophistication of the European market for botanical extracts and nutraceuticals, noting the partnership’s potential for developing innovative, healthy, and sustainable products.

Duas Rodas’ Growth and Diversification

With this acquisition, Duas Rodas becomes a key player in the European market, adding to its diverse portfolio of over 3,000 food and beverage items. The company’s strategic investment in tropextrakt is essential for continuing to expand its exports, with international market revenues expected to reach 25% in the next four years.

Our take on the deal

The acquisition of tropextrakt GmbH by Duas Rodas signifies a strategic expansion in the global food and beverage industry, particularly in the European market. This move aligns with Duas Rodas’ vision of innovation and growth as the company approaches its centenary. By integrating tropextrakt’s expertise in botanical extracts and tropical fruit products, Duas Rodas is poised to enhance its product offerings and R&D capabilities, especially in the burgeoning health food market. This acquisition, reflective of Duas Rodas’ international expansion strategy, is a crucial step in increasing the company’s global footprint and diversifying its product portfolio in the competitive food and beverage sector.