Oterra, a global leader in natural colors and color solutions, has announced the appointment of Jesper Svarer as its new Group Chief Financial Officer (CFO), effective immediately.
Svarer brings over 20 years of experience in corporate finance, strategy, and mergers & acquisitions (M&A) across multinational companies. He joins Oterra from Algiecel, a Danish bio-solutions company, where he served as CFO, focusing on fundraising, scaling operations, and corporate growth.
Beyond his role at Algiecel, Svarer has held senior finance leadership positions at Chr. Hansen, serving as Head of Group and Regional Finance and at Unibio as Group CFO. His extensive career includes roles as business unit CFO and Head of Global Finance at global healthcare company Falck, and Vice President of Strategy and M&A at Danish IT firm KMD. Additionally, he has led M&A and corporate finance functions at major corporations, including ISS, Maersk, GN, and Handelsbanken Capital Markets.
Oterra CEO Martin Sonntag expressed confidence in Svarer’s ability to steer the company through its next expansion phase.
“Jesper has extensive experience in both private equity-owned and listed companies and will play a key role in Oterra’s current expansion even further,” Sonntag said.
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“With his background working in complex situations in large matrix organizations, and his insights from building companies from scratch, he is the right profile for Oterra’s continuing growth journey.”
Svarer succeeds Hubi Windegger, who is stepping down for personal reasons.
Oterra’s Rapid Growth in the Natural Colors Market
Oterra was established in 2021 following the carve-out of Chr. Hansen’s natural color division. The company has expanded significantly through multiple acquisitions, solidifying its position as one of the world’s leading providers of natural colors and coloring foodstuffs.
With an integrated value chain that spans from raw agricultural sourcing to a global network of manufacturing, blending, and formulation facilities, Oterra continues to strengthen its market presence and customer reach.
