Oterra™ solidifies APAC footprint with closing of its latest acquisition
COPENHAGEN, Denmark, 17 October 2022. Oterra, the world’s leading supplier of natural colors with the widest portfolio in the industry is pleased to announce that the acquisition of India’s Akay Group is now complete. Oterra announced its intention to purchase Akay in July of 2022. Founded in 1995, Akay Group is a leading player in the natural colors and nutraceutical ingredients market.This acquisition is the company’s fourth in under two years, and its first within the Asia Pacific region. Based in Kerala, India, Akay has four manufacturing sites in southern India that Oterra will add to