Sayaji Industries Limited has entered into a joint venture ayeement with Societe Developpement Produits Afrique – SDPA, France wherein SDPA and Sayaji Industries will be equal partners (50:50) in Sayaji IngriTech LLP, and technology will be provided by Alland & Robert one of the largest manufacturers of acacia gum worldwide and subsidiary of SDPA.
Mr. Priyam Mehta, CMD, Sayaji Industries Ltd. While commenting on the joint venture, said, “We are delighted to join hands with Alland & Robert, a company that has been an expert in this field since 1884. We will leverage the expertise of both companies – Sayaji Industries’ strong presence in the Indian Food & Beverage market and Alland & Robert’s unique technological know-how. We are looking forward to working closely with Alland & Robert on developing this partnership.”
Also, Mr. Frederic Alland, CEO at Alland & Robert commented on the joint venture and said, “This Joint Venture will give Alland & Robert the opportunity to offer its high quality products to the Indian market. Our partnership with a successful local enterprise will get us closer to the customers’ needs ofthis particular and dynamic new market. Alland & Robert is a l35-year-old family company that has always aimed at expanding its reach in the world. We are proud to take on new challenges to ensure our success.”
Acacia Gum, is used in flavours, beverages, confectionery, dairy, bakery and dietary products among others. Most food based MNCs are the end users od Acacia Gum.