FFG Industries, Inc. To Acquire Western Flavors And Fragrances, Inc.

Upper Saddle River, NJ - FFG Industries, Inc. (Flavor & Fragrance Group, or "FFG"), a portfolio company of Nautic Partners, LLC, a leading private equity firm with more than $1.8 billion of capital under management, announced that it has purchased the assets of Western Flavors and Fragrances, Inc. ("WFF"), a privately held company based in Livermore, CA.

Founded in 1985 in Northern California's Livermore Valley by Richard J. Grame and T. Gary Pryor, WFF is a developer, manufacturer and supplier of innovative flavors and fragrances to the domestic and international markets for use in a wide variety of consumer products.

Richard J. Grame, President of WFF said, "We are very pleased with this transaction and the many opportunities afforded in merging into a larger company with FFG's capabilities. I welcome the opportunity to work with the FFG team as we continue to service our customers in the future."

Carlo W. Colesanti, Chairman, President and CEO of FFG, said "WFF is a leading regional brand with a strong competitive position in natural flavors and fragrances, and is focused on the growing lifestyle nutritional and personal care markets. Joining forces with WFF will continue to strengthen our market presence, particularly on the West Coast, where we will gain new customers, new products and an expanded sales force that will support our business growth as a middle-market leader in the flavor and fragrance industry. FFG will continue to focus on building its business by providing innovative products and world-class service at excellent value to all our customers."

SOURCE: FFG Industries, Inc.