Coca‑Cola Company announces investment by Jubilant Bhartia Group in India
World’s widest portfolio of natural colours gets even stronger
Oterra, the world’s leading supplier of natural colours, further strengthens its core offerings with the acquisition of Akay Group, a prominent natural ingredients manufacturer based in Kochi.
The acquisition, Oterra’s fourth in only 14 months, is a win-win for both parties. Oterra will not only strengthen its access to natural colours but also to an attractive product pipeline backed by state-of-the-art manufacturing plants and strong R&D capabilities.
Akay serves over 40 countries, has four manufacturing sites in southern India and employs more than 400 people.
Oterra, previously known as Chr. Hansen Natural Colors before its purchase in 2021, was in 1995, part of a joint manufacturing venture with Akay to produce natural colours from turmeric and paprika. From 2007, Akay continued as an independent company, but Oterra and Akay have kept close ties with each other since Akay is a key supplier to Oterra.
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