Solina Acquires Saratoga Food Specialties
October 4, 2022
Solina, a France-based producer of savoury ingredient solutions, has signed an agreement to acquire Saratoga Food Specialties to accelerate its North American expansion. The deal (subject to regulatory approval) will add Saratoga's liquid-sauce capabilities, three U.S. manufacturing sites and approximately 500 employees to Solina's North American footprint.
- Buyers
- Solina
- Targets
- Saratoga Food Specialties
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Solina Acquires Sokol Custom Food Ingredients
February 6, 2025
Food & Beverage
Solina, a France-based global food-ingredients partner, has acquired U.S.-based Sokol Custom Food Ingredients, a Countryside, Illinois manufacturer of custom sweet and savoury sauces. The deal strengthens Solina USA's sweet-sauce capabilities, increases capacity and scale in the Midwest, and continues Solina's expansion in North America; Sokol was owned by Burlington Capital Partners prior to the sale.
-
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.
-
Solina Acquires Sokol Custom Food Ingredients
February 7, 2025
Food & Beverage
Solina, the France-based global food ingredients partner, has acquired Sokol Custom Food Ingredients from private equity firm Burlington Capital Partners. Sokol, headquartered in Countryside, Illinois, is a formulator and manufacturer of wet-fill and liquid food ingredient products and will continue to be led by its existing management team under Solina's ownership.
-
Astorg Enters Exclusive Negotiations to Acquire Solina from Ardian
May 4, 2021
Food & Beverage
Astorg has entered exclusive negotiations to acquire a majority stake in Solina, the France-headquartered manufacturer of ingredient and seasoning blends, from Ardian. Solina's management will reinvest alongside Astorg as the company looks to accelerate growth and expand further, notably into the United States; terms were not disclosed and the deal is subject to regulatory approvals and workers' council consultation.
-
Solina Acquires Sauces et Créations and Atelier D2i
April 4, 2022
Food & Beverage
Solina Group has acquired French sauce specialists Sauces et Créations (Cambrai) and Atelier D2i (Laon). The two makers of tailor-made savoury and sweet sauces — which together generated around €28 million in 2021 and employ ~110 people — will strengthen Solina's made-to-measure sauces capability for the restaurant and food industry.
-
Solina Acquires Asenzya Inc.
November 9, 2021
Food & Beverage
Solina, a European savoury ingredients leader backed by private equity firm Astorg, has completed the acquisition of Asenzya Inc., a custom dry seasoning and flavour solutions provider headquartered in Oak Creek, Wisconsin. The deal gives Solina its first direct presence in the United States and expands its North American capabilities and customer reach; Asenzya has about 145 employees and annual sales of roughly $50 million.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.