Intertaste Food IngredientsPresentation Spiced project

8 July 2015

Introduction

Our driving forces Our features Our history

Our core values Our factories

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Mission

To add extraordinary taste and

functionality to food through the use of

natural ingredients. Taste and innovation

are the core values of Intertaste.

Vision

We aim to be the preferred supplier for

West-European food producers and

retailers.

Our driving forces

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Our features

● 1 company: 3 business units

Food Ingredients - Finished Products - Degens

● Annual turnover: EUR 140m

● Employees: 400 FTE

● 3 production facilities

● Esteemed and trusted partner of some of the

world’s largest food companies

● European client base

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We Know

We invest in

knowledge to

innovate

Our core values

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We Care

We take our

responsibilities

as a company

Our core values

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We Control

We opt for

efficiency and

transparency

Our core values

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We Connect

We aim for

success through

partnerships

Our core values

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Puttershoek

Processing of herbs and spices

Our factories

Nijkerk

Production of wet sauces

Utrecht

Production of dry soups,

sauces and meal mixes

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What are the drivers for the repositioning of Intertasteas food producer and herbs & spices processor ?

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Driving force till10 years ago

Driving force today

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Food Fraud in the last 30 years

Safety relevant

Product oriented:

Glycol in wineMelamine in milk powderMotor oil in vegetable oil

Not safety relevant

Product oriented/labelling

Safflour in saffronEdible oil mixturesWine with water Fruit juice adulteration“conventional” instead “organic”Breeding fish instead wild catchIncorrect animal speciesIncorrect cut of meatOrigin & flush of honeyOrigin of coffee-, cocoa beansOrigin and flush of teaEggs (cage instead soil)Truffles, white, black, origin

*Source: Prof.Dr.Ulrich Nöhle

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Food fraud, why?

Nothing newStrong competition in a global marketShifting market driversInsufficient competencies of business partnerBenefit from lack of analytical definitionUncertainty of measurementNon-likelihood of government complaintNon-likelihood of penalty from courtIncreasing disputabilityBenefit from unpredictability in court

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Important to keep in mind

We are a multi-media society

Transparency will become a prerequisite for your business (BRC issue7!)

Food & Feed fraud will become public sooner or later like unsafe productsin the RASFF and RAPEX

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Intertaste Positioning Statement

Our primary focus is to develop exceptional and authentic flavours based on natural ingredients for various product

applications.

We opt for deep understanding of the production chain, to offer full transparency to our customers with regard to the

purchase, processing and delivery of our herbs and spices. We buy directly from the country of origin for example,

and we work in partnership with local farmers to select the best of what is available.

Comprehensive tests are carried out to verify purity and origin (i.o.t. exclude adulteration), thereby guaranteeing

the quality of the spices and the mixes prepared from them. During processing we apply the strictest possible quality

criteria and our products are delivered with clear and complete information about the ingredients, as well as a quality

declaration.

This means we fully comply with the standards of the European Spice Association and beyond.

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Ground Nutmeg

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Case

In 2013 Intertaste was confronted with competitors

offering ground micro safe nutmeg material below cost price.

Intertaste suspected spice “adulteration”.

Intertaste initiated a benchmark study in cooperation with

RIKILT on 47 nutmeg retail samples collected from 4 different

countries in Europe .

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Understanding the supply chain

Question: what is being processed in this picture?

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Answer:Indonesian Muntoq White pepperTraditional method used to remove the outer skin of ripe black pepper by soaking for 14 days in streaming water. The skin is rubbed off by hand and dried in the sun.

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Understanding the supply chain

Question: what is being harvested in these pictures?

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Answer:Cloves from Madagascar

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Understanding the supply chain

Question: what is being processed in this picture?

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Answer:Saffron filaments are being separated from the Saffron flowers

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Feeding the world for one week.

An illustration of distance from food source

*Photos: Peter Menzel

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Quote from Prof. Dr. Ulrich Nöhle

Earlier you manufactured food in order to feed hungry people and……you added some information in addition.

Tomorrow you’ll manufacture information, which you cannot eat.And if this information is transparent and sufficient for the customer and consumer…..you may deliver the food in addition.

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To conclude

Transparency is the keyword for the positioning of Intertaste

Understanding the supply chain

Buying directly in origin

Verify purity and sustainability

Final processing under controlled conditions

What comes in, goes out!

Auteursrecht van beelden en teksten is van Intertaste© Intertaste B.V.