Capol (Freudenberg Group) Acquires Blue Pacific Flavors

Florida Food Products Acquires Comax Manufacturing Corp.

November 30, 2021

Food & Beverage

Florida Food Products (FFP), backed by Ardian and MidOcean Partners, has acquired Comax Manufacturing Corp., a provider of clean-label natural flavor solutions focused on beverage and nutrition markets. The Calabretta family will retain an equity stake and Comax will continue operating its Melville, NY manufacturing facility and Marlton, NJ R&D site as part of FFP's Taste Division to expand FFP's clean-label flavor capabilities.

Solina Acquires Food Compounds B.V.

October 6, 2021

Food & Beverage

French savoury-ingredients group Solina (majority-owned by PE firm Astorg) has completed the acquisition of Food Compounds B.V., a Netherlands-based specialist in powder-based premixes and coating systems for potato processors. The deal strengthens Solina's coating expertise and R&D capabilities as part of its ongoing expansion strategy; financial terms were not disclosed.

L Catterton Asia Invests in Ci FLAVORS

December 21, 2021

Consumer Products

L Catterton Asia, the Asia fund of consumer-focused private equity firm L Catterton, has made a strategic growth investment in Ci FLAVORS, the Tokyo-based holding company that owns Cosme Company. The partnership will support new brand development and accelerate Ci FLAVORS' international expansion (notably into China and other markets), with LVMH Japan president Norbert Leuret joining as a senior advisor.

T. Hasegawa USA, Inc. Acquires Abelei Flavors, Inc.

September 3, 2024

Food & Beverage

T. Hasegawa USA, Inc. has acquired Abelei Flavors, Inc., a North Aurora, Illinois-based flavor house, to broaden its flavor portfolio, technical capabilities and U.S. footprint. The transaction brings Abelei's team and capabilities into T. Hasegawa's global flavor platform to better serve food and beverage customers in North America.

NovaTaste Acquires McClancy Foods & Flavors

December 10, 2024

Food & Beverage

NovaTaste, a global taste-innovation company headquartered in Austria, has acquired McClancy Foods & Flavors from Dallas-based private equity firm CIC Partners. McClancy will continue to operate under its brand with the existing leadership team (including CEO Stephen Andresen) remaining in place and retaining significant ownership, while gaining access to NovaTaste's international innovation capabilities and distribution network.

Ferrero Group Acquires Wells Enterprises (Blue Bunny, Bomb Pop)

December 7, 2022

Food & Beverage

The Ferrero Group agreed to acquire Wells Enterprises, the family-owned maker of Blue Bunny, Bomb Pop, Halo Top and other ice cream brands, as part of Ferrero's strategic expansion into the ice cream category and North American market. Wells Enterprises will remain a stand-alone business with its Le Mars leadership and manufacturing footprint intact; terms were not disclosed and the transaction was expected to close in early 2023.