Cargill Acquires Floratech

Turpaz Industries Acquires Phoenix Flavors & Fragrances

May 3, 2026

Food & Beverage

Turpaz Industries Ltd. (via its wholly-owned U.S. subsidiary Klabin-Turpaz, Inc.) acquired 100% of Phoenix Flavors & Fragrances Inc. for $95 million, plus up to $5 million in contingent consideration. The acquisition creates a full-scale U.S. operational platform by integrating Phoenix with Turpaz’s existing U.S. Klabin operations and is expected to drive synergies through consolidated production and cross-selling.

Tradebe Acquires Florachem from SK Capital Partners

April 9, 2025

Manufacturing

Tradebe has acquired Florachem Corporation from an affiliate of funds advised by SK Capital Partners. The acquisition brings Florachem into Tradebe's Life Sciences business, expanding Tradebe's ingredients manufacturing capabilities and international footprint while enabling Florachem to scale its manufacturing and sustainability initiatives.

Turf Care Supply Acquires Beaty Fertilizer

April 2, 2025

Agriculture

Turf Care Supply, a portfolio company of Platte River Equity, has acquired Beaty Fertilizer, a family-owned manufacturer and blender of custom granular and liquid fertilizers for the turf & ornamental market. The add-on expands Turf Care's footprint in the Southeast United States, broadens its product portfolio and adds manufacturing capacity.

Nexus Capital Management Acquires FTD's Consumer and Florist Businesses

August 23, 2023

E-Commerce

An affiliate of Nexus Capital Management LP acquired FTD's consumer and florist businesses, including the FTD and ProFlowers brands and the FTD florist network, taking the company private. Nexus established a new capital structure to strengthen FTD's balance sheet and invest in its digital platform, brand, and network of florists; Jeff Clarke was named Executive Chairman.

SK Capital Acquires Florachem from Carmelina Capital

May 4, 2022

Manufacturing

Funds advised by SK Capital Partners acquired Florachem Holdings, LLC from an affiliate of Carmelina Capital. Stellus Capital Management provided senior debt financing and an equity co-investment to support the transaction. The deal positions SK Capital to grow Florachem's natural plant-based ingredients platform and support ongoing capacity and capability investments at its Jacksonville facility.

Phoenix Flavors and Fragrances Acquires Innovative Fragrances Inc.

April 18, 2022

Consumer Products

Phoenix Flavors and Fragrances has acquired Innovative Fragrances Inc., an Atlanta-area developer and compounder of fragrance compounds serving home fragrance, personal care, candles and air freshener markets. The deal expands Phoenix's geographic footprint in the Southeast United States and strengthens its perfumery, regulatory and technical capabilities.