# Silvateam and JRS Group form joint venture for pectin business

Silvateam and JRS Group closed a joint venture, JRS Silvateam Ingredients Srl., on September 30, 2019, to combine pectin and texturizing systems production and sales.

- Type: Acquisition
- Announced: 2019-09-30
- Where: Italy
- Status: completed
- Products: pectin, tara gum, texturizing systems
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Silvateam](https://endata.com/companies/43125.md) (partner)
- [JRS Group](https://endata.com/companies/43126.md) (partner)

## Sources

- [silvateam.com](https://www.silvateam.com/en/products-and-services/food-ingredients/pectin/silvateam-and-jrs-group-two-multinational-family-owned-companies-join-forces-grow-pectin-business.html), 2019-11-05: "The joint venture will invest significantly in development and production of novel vegetable based texturizing solutions"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.