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Spisys enters into marketing agreement with Canadian distributor

10 Aug 2015 Evaluate

Spisys has entered into marketing agreement with Core Compounds, Canada, for North American market. Core Compounds, will market oleoresins, essential oils and nutraceutical manufactured by the company. Core Compounds, expects to build a business of over 200 MT of Oleoresins, essential oils, and nutraceutical compounds for the company over the next 18 months valued at over Rs. 400 million.

Spisys is a specialized manufacturer of solvent free, food ingredients and nutraceutical compounds using a unique high pressure extraction technology. The spice oleoresins, essential oils and are used in the processed food industry to import, taste, color and flavor to the finished food and nutraceutical compounds are used as API’s in the health supplements industries.

Peers
Company Name CMP
Nestle India 1384.00
Varun Beverages 416.25
Britannia Industries 4970.00
LT Foods 437.85
Hatsun Agro Product 1222.80
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