Symrise has entered into a joint venture (JV) with Sunner, one of the main integrated poultry processors in China. Sunner or Fujian Sunner Development Co., Ltd is involved in chicken breeding and farming, feed processing and meat processing businesses.
The JV will supply the China pet food market with unique sustainable and high-quality egg solutions.
With past acquisitions of US-based IsoNova and Schaffelaarbos in the Netherlands, Symrise has established a leading position in the egg protein and ingredients business. Following the completion of the newly built Symrise Pet Food factory in China in 2021 and the recent acquisition of Wing Biotech in mid-2022, Symrise is now reinforcing further its Pet Food leadership in the Asia Pacific (APAC) region through a strategic partnership on egg valorization with Sunner. This collaboration takes the form of a joint venture, in which Symrise holds the majority and the operational management.
Dr. Jean-Yves Parisot, President Taste, Nutrition & Health of Symrise AG said, “With this new step, Symrise accelerates its pet food growth strategy in China. This move fully meets our values and our sustainable positioning in egg upcycling. Experts consider APAC the fastest growing region for pet food applications globally. I am certain that this long-term partnership will enable us to combine our expertise and jointly meet the expectations and demands of consumers. It paves the way for many future opportunities.”
This synergetic partnership will see both parties collaborating in the manufacturing and marketing of high-quality and sustainable egg proteins. Symrise will contribute its know-how and route to market and Sunner will secure the highest quality source of eggs.
This promising JV will operate a new facility in China. The products of the joint venture will be sold under the Symrise Pet Food brand – Nutrios.