Who Owns Kerr Concentrates?
Kerr Concentrates is owned by Ingredion Incorporated, a publicly traded American global ingredient solutions company (NYSE: INGR). Kerr Concentrates was founded in 1985 and is headquartered in Salem, Oregon. Ingredion acquired Kerr Concentrates in July 2015 for $100 million, making it a wholly-owned subsidiary specializing in natural fruit and vegetable concentrates and purees for food and beverage manufacturers.
Parent Company
Ingredion Incorporated
Acquired
2015
Status
Publicly Traded
Headquarters
Salem, Oregon, USA
Who Owns Kerr Concentrates?
- Parent Company: Ingredion Incorporated
- Ownership Type: Wholly owned
- Acquisition Year: 2015
- Company Type: Publicly Traded
- Stock Ticker: NYSE: INGR
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Kerr Concentrates | Ingredion Incorporated | Wholly owned |
History of Kerr Concentrates
- Founded: 1985
- Founders: Kerr Concentrates Inc. (internal development)
- Acquired by Ingredion Incorporated: 2015
Kerr Concentrates was founded in 1985 in the Pacific Northwest of the United States, a region with abundant fruit and vegetable production that provides the raw material base for concentrate and puree manufacturing. The company was established to serve the growing demand from food and beverage manufacturers for natural, minimally processed fruit and vegetable ingredients that could replace synthetic flavors, colors, and sweeteners.
The Pacific Northwest's agricultural output, including apples, pears, cherries, berries, and a range of vegetables, provided Kerr Concentrates with access to high-quality raw materials for its processing operations. The company developed expertise in concentrating and pureeing fruits and vegetables while preserving their natural flavor profiles, color, and nutritional properties, which are the key quality attributes that food manufacturers seek in clean-label ingredients.
Throughout the 1990s and 2000s, Kerr Concentrates expanded its customer base among food and beverage manufacturers seeking natural ingredient solutions. The company's products found applications in beverages, dairy products, baked goods, sauces, condiments, and other food categories where fruit and vegetable ingredients provide flavor, color, and nutritional value.
The clean-label trend, which gained significant momentum through the 2000s and 2010s as consumers increasingly sought food products with recognizable, natural ingredients, was a major tailwind for Kerr Concentrates' business. Food manufacturers reformulating products to remove artificial ingredients turned to natural fruit and vegetable concentrates and purees as replacements, expanding the addressable market for Kerr's products.
By the time of the Ingredion acquisition in 2015, Kerr Concentrates had annual revenues of approximately $75 million and employed approximately 82 people. The company's relatively small size belied its strategic value as a supplier of natural ingredients with established customer relationships and processing expertise in a geographically advantaged location.
In July 2015, Ingredion Incorporated acquired Kerr Concentrates for $100 million in cash, simultaneously with its acquisition of Penford Corporation. The dual acquisitions in July 2015 represented a significant acceleration of Ingredion's specialty ingredients strategy. Ingredion's rationale for the Kerr acquisition was to add natural fruit and vegetable concentrates and purees to its portfolio, complementing its existing starch and sweetener products with clean-label ingredients aligned with consumer trends.
Following the acquisition, Kerr Concentrates continued to operate from its Pacific Northwest base under its established brand identity. The Kerr brand carries recognition among food and beverage manufacturers in the natural ingredients market, and Ingredion has maintained it as a distinct brand within its portfolio.
Ingredion's subsequent acquisitions, including TIC Gums (2016), PureCircle (2020), and KaTech (2021), continued the specialty and natural ingredients expansion strategy that the Kerr and Penford acquisitions helped establish in 2015.
About Ingredion Incorporated
Ingredion Incorporated is a leading global ingredient solutions company providing starches, sweeteners, and specialty ingredients to food, beverage, and industrial customers worldwide. The company serves customers in over 120 countries with a portfolio of innovative products designed to improve taste, texture, nutrition, and functionality of food and beverage products.
Headquartered in Westchester, Illinois, Ingredion operates a global network of manufacturing facilities and innovation centers. The company has strategically expanded its operations through targeted acquisitions, including PureCircle (2020), TIC Gums (2016), Penford (2015), and Kerr Concentrates (2015), strengthening its position in specialty ingredients and sweetener markets.
- Founded: 1906
- Headquarters: Westchester, Illinois, USA
- Company Type: Publicly Traded
- Stock: NYSE: INGR
Where Is Kerr Concentrates Made / Based?
- Headquarters: Salem, Oregon, USA
- Manufacturing / Operations: United States, Mexico
Brands Owned by Ingredion Incorporated
- KaTech - Specialty texture and stabilization solutions provider offering innovative ingre...
- Penford - Specialty starch producer providing potato starch derivatives and functional ing...
- PureCircle - Leading provider of stevia-based sweeteners and natural ingredients for food and...
- TIC Gums - Specialty stabilizers and texturizers provider offering innovative gum and hydro...
- Verdient Foods - Plant-based proteins and pulse-based flours producer providing innovative ingred...
Kerr Concentrates Ownership: Pros & Cons
Advantages
- +Access to Ingredion's global distribution network reaching customers in over 120 countries
- +Pacific Northwest location providing proximity to high-quality fruit and vegetable raw material sources
- +Strong positioning in the growing clean-label and natural food ingredient market
- +Integration with Ingredion's broader specialty ingredient portfolio enabling comprehensive formulation solutions
- +Established customer relationships with food and beverage manufacturers across multiple categories
- +Ingredion's financial scale providing stability and investment capacity
Considerations
- -Raw material exposure to Pacific Northwest agricultural conditions, including weather and crop yield variability
- -Competition from other natural ingredient suppliers including Tree Top, Dohler, and SVZ
- -Integration into a large multinational may reduce the agility of a specialized natural ingredient company
- -Dependence on Ingredion's strategic priorities and capital allocation decisions
- -Agricultural commodity pricing affecting raw material costs and margin stability
Frequently Asked Questions About Kerr Concentrates
Competitors to Kerr Concentrates
No direct competitors found in the same category. This could be because Kerr Concentratesoperates in a unique market segment or we're still building our competitor database.
Ingredion Incorporated Stock Information
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