Olde Thompson (Kainos Capital) Acquires Gel Spice

Olam Food Ingredients Acquires Olde Thompson from Kainos Capital

April 28, 2021

Food & Beverage

Olam Food Ingredients, the ingredients arm of Olam International, agreed to acquire Olde Thompson, a leading North American private‑label spice and seasoning manufacturer headquartered in Oxnard, California, from Kainos Capital in a transaction valued at $950 million. The deal expands OFI’s spice and seasoning capabilities, adds bi‑coastal manufacturing footprint and strengthens traceability and sourcing for private‑label and foodservice customers; closing was expected in Q2 2021.

Shore Capital Partners Recapitalizes Old World Spices and Seasonings

November 19, 2020

Food & Beverage

Shore Capital Partners completed a recapitalization of Old World Spices and Seasonings, a custom spice, seasoning and ingredient manufacturer based in Overland Park, Kansas. Shore will partner with management to invest in business development, R&D, sales and production infrastructure and pursue organic growth and inorganic consolidation through add-on acquisitions.

iSpice Foods Acquires Spice Chain Corporation from Frontenac

September 20, 2022

Food & Beverage

iSpice Foods, a privately held spice importer and processor based in Jackson, Alabama, has acquired Spice Chain Corporation, a New Jersey-based importer, processor and supplier of spices and seasonings. The seller was Frontenac, which had previously owned Spice Chain; financial terms were not disclosed and Boxwood Partners acted as sell-side advisor.

Woodland Gourmet Acquires International Spices

October 27, 2025

Food & Beverage

Woodland Gourmet has acquired International Spices, a developer of custom seasoning blends for snacks, proteins and prepared foods, to expand its custom seasoning and flavor development capabilities across foodservice, retail and industrial channels. The deal strengthens Woodland's product portfolio and manufacturing/commercialization resources; terms were not disclosed.

The Kraft Heinz Company Acquires 85% Stake in Just Spices GmbH

April 26, 2023

Food & Beverage

The Kraft Heinz Company has completed the acquisition of an 85% stake in Germany-based Just Spices GmbH, with the three founders retaining the remaining 15% and continuing to run the business. Kraft Heinz intends to use Just Spices' direct-to-consumer capabilities, product portfolio and analytics to accelerate international growth and expand its Taste Elevation platform, including launching the brand in the U.S. market.

Midas Foods International Acquires Georgia Spice and The Doug Jeffords Company (Creative Spiceworks)

November 4, 2025

Food & Beverage

Midas Foods International has acquired Georgia Spice and The Doug Jeffords Company and combined them under the Creative Spiceworks brand to expand blending, packaging and R&D capabilities. The deal strengthens Midas Foods' capacity to serve protein, meat-processing, snack-food and retail/foodservice customers nationally and creates a culinary-driven custom manufacturing platform.