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A Global Leader in Licorice Extract & Product Manufacturing

For over 150 years MAFCO has been the world’s leading manufacturer of natural licorice products. This position has been maintained by constant technical innovation, significant financial investments, dedication to product quality, high levels of customer service and stable supply of raw materials. MAFCO’s natural licorice products are used today in a wide range of applications including confectionary, food, beverage, cosmetic, pharmaceutical, personal care and tobacco products.

Natural Licorice Products

MAFCO’s natural licorice products are used today in a wide range of applications including confectionary, food, beverage, cosmetic, pharmaceutical, personal care and tobacco products.

Natural licorice products are derived from the roots of the licorice or glycyrrhiza genus of plants. This plant is small shrub-like leguminous plant indigenous to the Middle East and Central Asia including the countries of Afghanistan, China, Pakistan, Iraq, Azerbaijan, Turkmenistan, Uzbekistan, Tajikistan, Kazakhstan and Turkey. The plant’s raw materials are harvested in the wild when the plant is approximately four years old. Raw materials are collected, cleaned, dried, processed and packaged by MAFCO’s suppliers across multiple regional sources and shipped to MAFCO’s worldwide factory locations by ocean vessel. Over its 150 year history, MAFCO has developed an extensive knowledge of licorice markets and collection networks in key licorice growing regions. MAFCO has also made significant financial investments in licorice raw materials collection operations in strategic areas of the world.

In order to maintain a continuous and sustainable supply of licorice raw materials, MAFCO maintains multiple sources of supply and relationships with many suppliers so that, if the licorice root from any one source becomes temporarily unavailable, MAFCO can replace that source with licorice raw materials from another area or supplier within the MAFCO supply network. MAFCO generally maintains a supply of licorice raw materials to meet multi-year demand.

MAFCO selects licorice raw materials from various sources to optimize the finished product performance characteristics required by customers. Processing licorice raw materials begins with shredding the raw materials to matchstick size. Licorice solids are then extracted from the shredded raw materials with hot water. After filtration and evaporation, the concentrated licorice extract is converted into a powder, semi fluid or block form, depending on the customer’s requirements, and then packaged and shipped to customers.

Licorice extracts are further purified through a series of extraction, purification and drying processes at MAFCO’s wholly-owned facilities in China to produce licorice derivatives. These licorice derivatives are based upon the unique ingredient in licorice root, glycyrrhizic acid. Glycyrrhizic acid when isolated, purified and neutralized has no characteristic licorice flavor at low dosages but possesses unique functional properties for eliminating undesirable flavors, intensifying and prolonging sweetness and enhancing other flavors.

Our History

1850
1854
1872
1903
1970
1981
1986
1996
2004
2007
2001-2010
2012

1850

Edward MacAndrews and William Forbes start a business in Turkey to ship licorice roots and manufacture licorice extracts under the name MacAndrews and Forbes Company.

1854

First shipment of licorice extract is made from the factory established in Sochia, Turkey.

1872

First licorice factory is built in the USA in Newark, NJ.

1903

A new factory is constructed in Camden, NJ in order to manufacture large quantities of licorice extract. MAFCO continues to operate at this factory site today.

1970

MAFCO’s Magnasweet® product line is developed. Magnasweet® is a unique line of products designed to extend and enhance sweetness, mask aftertaste and intensify and improve flavors. The line is based on the functional and sensory properties of pure licorice derivatives.

1981

MAFCO is purchased and becomes a subsidiary in MacAndrews and Forbes Group.

1986

MAFCO acquires Extraits Végétaux et Dérivés (EVD) Company in Gardanne, France in order to expand its licorice manufacturing capacity and its customer base in continental Europe.

1996

As the result of a merger, MAFCO becomes part of M&F Worldwide Corporation.

2004

MAFCO enters into a joint venture to construct a new modern factory in China to produce high quality licorice derivatives for its Magnasweet® line of products. The factory begins full scale operations during 2005.

2007

MAFCO purchases the remaining shares of its Chinese licorice derivatives manufacturing joint venture. ZFTZ MAFCO Biotech becomes a wholly-owned subsidiary of MAFCO.

2001-2010

MAFCO experiences unprecedented growth in its Magnasweet® line of products as the result of a trend towards healthy eating, increased demand for reduced sugar and sugar free products, growth in fortified foods and the need by food product development experts to extend and improve sweetness and to mask a variety of aftertastes in their new product offerings.

2012

MAFCO acquires Shanghai Fanzhi Pharmaceutical Co. Ltd., now known as Shanghai Mafco Biotech Co., Ltd., a licorice derivatives manufacturer, in Shanghai, China.

Signature Branded Product

Mafco’s Magnasweet® lines of products are extraordinary and versatile masking agents, sweetness intensifiers and extenders and flavor enhancers. They are multifunctional for solving consumer product development problems across a wide variety of applications.

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Sales, Marketing and Product Development Support

MAFCO provides full service to its global customer base from its factories and offices in Camden NJ USA, Gardanne France and Zhangjiagang, Jiangsu China. Additional customer service and technical support is provided from its offices in Shanghai, China and Dubai, UAE.

MAFCO’s customers can contact any of its worldwide offices to get assistance with placing orders, ordering samples or to get technical assistance and information relating to any of MAFCO’s licorice extracts and licorice derivatives. MAFCO also enjoys global relationships with distributors to better serve its worldwide customer base.

Corporate Responsibility

All of MAFCO’s facilities operate in ways that meet or exceed fundamental responsibilities in the areas of human rights, labor, environment and anti-corruption, as reflected in MAFCO’s Corporate Social Responsibility Policy.

MAFCO sponsors a number of charitable organizations and initiatives including:

MAFCO Worldwide LLC

300 Jefferson Street, Camden, NJ USA 08104.

Phone: (856)-986-4050

Web: magnasweet.com