Plans call for more ketchup varieties and warehouse consolidation, CEO says.

Acquisition will give specialty chemicals company a presence in the US.

Back to Nature divestment represents strategic departure from snacks.

Company has a ‘robust’ innovation pipeline for fiscal 2023.

Company divested Back to Nature this past December.

Product development strategy focused on customization, convenience and health.

Added manufacturing capacity will support growth efforts.

Company is using data to better manage out of stocks.

Shawn Sullivan will take over as CEO of Sokol Custom Food Ingredients on the heels of the company’s recent acquisition.

Fruit adds flavor to pizza, chicken recipes.