GoodLife Foods Acquires Pure Ingredients

IK Partners Acquires Majority Stake in GoodLife Foods

May 30, 2023

Food & Beverage

IK Partners' IK IX Fund has signed an agreement to acquire a majority stake in GoodLife Foods B.V. from Egeria Capital Management, with GoodLife management reinvesting. Headquartered in Breda, Netherlands, GoodLife is a leading European manufacturer of frozen snacks and meal components (over 700 employees across six plants); IK plans to support international expansion and buy-and-build growth.

GoodLife Foods Acquires Audens Group Solutions

June 10, 2024

Food & Beverage

GoodLife Foods B.V., a portfolio company supported by IK Partners, has signed an agreement to acquire Audens Group Solutions S.L., a leading manufacturer in the Iberian frozen snacks and ready-meals market. The deal (terms undisclosed) expands GoodLife's production footprint and product portfolio across Iberia and Europe; completion is subject to regulatory approvals.

Axxence Corporation Acquires Purely Natural

April 23, 2025

Food & Beverage

Axxence Corporation has acquired Purely Natural, a Florida-based supplier of natural flavor ingredients, taking ownership of the company's shares, operations, intellectual property and customer relationships. The deal supports Axxence's U.S. expansion and strengthens its commercial capabilities, with Purely Natural's president and CEO Bob Kleinhenz joining Axxence as commercial executive vice president.

Smart for Life, Inc. Acquires Purely Optimal Nutrition

April 8, 2024

Food & Beverage

Smart for Life, Inc. (Nasdaq: SMFL), a publicly held nutraceuticals holding company, entered a definitive agreement to acquire Purely Optimal Nutrition, a North America-focused eCommerce nutraceuticals company. The acquisition is expected to close within eight weeks, and Smart for Life said the deal will expand its product offering, drive additional revenue (Purely Optimal is estimated to generate over $8 million in revenue and ~$1 million in Adjusted EBITDA) and create economies of scale across its operations.

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.

Azelis Acquires Gillco Ingredients

May 16, 2023

Food & Beverage

Azelis has signed an agreement to acquire 100% of Gillco Ingredients, a US-based specialty ingredient provider serving the food & nutrition market. The acquisition expands Azelis' footprint in the US life sciences and food & nutrition sectors and brings Gillco's ~40 employees and application expertise into Azelis' global network.