09.18.2018

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Press Releases

CHICAGO, Ill. (September 18, 2018) - Perkins Coie represented Sethness Products Company, the global leader in the production of high-quality caramel color for the food and beverage sectors, in its acquisition by Roquette Frères S.A., a global leader in plant-based ingredients for the food, nutrition and health markets, further leveraging both companies’ worldwide capabilities in caramel colors. The Perkins Coie team was led by Chicago partners Randy Bridgeman and John Schreiner, along with associates Joe Wyss and Sarah David, who worked in close consultation with Charlie Moles and Randy Romei of Ashcraft & Ashcraft, Ltd., Sethness’ long-time outside counsel.

Sethness, a family business founded in 1880 and headquartered in Skokie, Illinois, has for over 135 years solely focused on the production of caramel color and offers the highest-quality products on the market today. The company provides a large selection of caramel colors (in liquid and powdered forms), as well as a variety of clean-label caramel color options (non-GMO, certified organic, gluten-free, allergen-free, etc.).

In addition to their shared family values of product excellence and long-term vision, Roquette and Sethness had a strong partnership even before the acquisition as they operated two successful joint venture manufacturing facilities in France and China. The France and China facilities, along with Sethness’ plants located in the USA and India, supply caramel color to the world’s leading food and beverage companies.

Please click here to read the Roquette press release.

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