Fine Zeelandia will be based in Mumbai and is a 50/50 joint venture between Fine Organics and Zeelandia.
It will combine the technical and marketing strengths of both the companies to bring an innovative range
of baking and patisserie ingredients. The joint venture will start approaching the Indian market in Q1 2015,
initially with imported Zeelandia products. The current, dedicated sales team at Fine Organics will be
transferred to Fine Zeelandia. In cooperation with regional distributors, the joint venture will cater to
customers throughout the country, as well as in Sri Lanka, Bangladesh and Nepal.