Our customers have consistently recognized the value of utilizing high quality natural ingredients in the development of food and beverage products and have expressed great interest in stevia-based sweetening solutions. We have experienced tremendous success in responding to our customers’ needs, and investing in Sunwin International will allow for continued leadership and innovation in the industry. WILD Flavors’ taste modification technologies, such as Resolver(R) and FruitUp(TM), will enable us to create natural sweetening systems and blends to meet our customers’ expected needs for functionality but exemplify great taste, stated Chief Operating Officer, Kevin Gavin.
Both companies will partner to obtain US Food and Drug Administration GRAS status for Sunwin International’s stevia extracts. WILD Flavors anticipates quickly commercializing new product concepts and offerings with current customers for immediate entry in the market and providing access to zero-calorie, natural sweetening systems. Sunwin International is committed to sustainable production and supply of the highest quality stevia extracts available.
The companies expect that the technological synergies between Sunwin International’s production knowledge, and WILD Flavors’ quality management systems and product development techniques, will result in exponential volume growth and opportunity through new routes to market. Sunwin International currently sells its stevia products as nutritional supplements in US to food and beverage producers, as well as their own stevia blend tabletop sweetener, OnlySweet, in over 4,000 grocery stores in US.
President of Sunwin International’s US subsidiary Jeff Reynolds, commented, Consumer goods companies around the world are excited about the growth opportunities of using stevia in existing products and new products that are in the development stages. We strongly believe that the partnership with WILD Flavors will provide a competitive advantage by developing stevia based solutions that create superior tasting products. Sunwin International is a worldwide leader in the production of stevia, and WILD Flavors is a worldwide leader in the supply and development of natural and health-enhancing ingredients, flavors, colors, and innovative product concepts to the food and beverage industry. Together, we have the expertise necessary to work with companies to create stevia sweetened products that we believe consumers will love. Partnering with WILD Flavors will allow us to expand our global reach with exciting new healthy sweetening options.
The advantages of partnership for WILD Flavors’ customers:
Market potential and growth: quick commercialization of product and concepts.
Customized product application – all-natural stevia extracts combined with WILD Flavors’ taste modification technologies, customized for proprietary, unique sweetening systems.
Potential for all-natural and low glycemic claims.
Solutions for low-calorie concepts or sugar reduction-zero-calories for stevia, and minimal calories for the sweetening blends.
Supply of highest quality of stevia extracts through controlled processes that customers can rely on
The advantages of partnership for Sunwin International:
$3 million for substantial equity position for growth capital to expand production of its Rebaudioside A80 and A95 extracts to meet growing worldwide demand and the anticipated increased sales from the partnership.
Services valued in excess of $1 million: Office, sales, certifications, quality management, production improvement, and other services provided by WILD Flavors.
Increased market potential: For the food and beverage industry through creative sweetening blends, bulk stevia extract and table-top sweetener sales, all with great taste as a foundation
Total quality management: WILD Flavors will use its quality and safety protocols to improve Sunwin International’s procedures and processes in accordance to the standards required when developing supplier relationships with consumer packaged goods companies.
Stevia: Sunwin International will be leveraging WILD Flavors’ flavor technologies and customer relationships to expand sales to companies for stevia.
