Kerry Group Acquires Niacet from SK Capital for $1,015m

SK Capital Acquires J&K Ingredients from CORE Industrial Partners

October 11, 2023

Food & Beverage

Funds advised by SK Capital Partners have acquired J&K Ingredients from CORE Industrial Partners. The acquisition, completed November 20, 2023, positions SK Capital to build a clean-label food & beverage ingredients platform around J&K's specialty preservative and bakery ingredient capabilities; debt financing was provided by KeyBanc Capital Markets, Kayne Anderson Private Credit, and Benefit Street Partners.

Groupe Berkem Acquires i.Bioceuticals from International Nutrition Company (INC)

February 16, 2023

Food & Beverage

Groupe Berkem has acquired i.Bioceuticals, the exclusive North American distributor of OPC and pine bark extracts from Dutch supplier International Nutrition Company (INC). The cash transaction transfers i.Bioceuticals' Massachusetts-based team to Groupe Berkem as the Group expands its bio-based health, beauty and nutraceutical offering and strengthens its footprint in North America.

Nutritics Acquires Ten Kites

March 13, 2024

Software

Irish food service technology company Nutritics has acquired UK-based menu publishing platform Ten Kites to expand its menu publishing and allergen-capable offerings. The deal broadens Nutritics' product capabilities and supports Ten Kites' expansion across Europe, the Middle East and Australia.

IRCA (Advent) Acquires Kerry's Sweet Ingredients Portfolio

September 13, 2024

Food & Beverage

IRCA, an Advent International portfolio company, has agreed to acquire the trade and assets of Kerry Group’s Sweet Ingredients Portfolio for approximately €500 million (€375m cash plus a €125m vendor loan note). The deal—an add-on to IRCA’s platform—covers 10 manufacturing facilities across the US and Europe, expands IRCA’s product and geographic footprint in bakery, cereal, confectionery, dairy and ice cream end markets, and is subject to regulatory approvals and employee consultations.

SK Capital Partners Acquires IPACKCHEM Group SAS

April 6, 2021

Manufacturing

SK Capital Partners, a New York-based private investment firm focused on specialty materials and chemicals, has completed the acquisition of IPACKCHEM Group SAS, a Paris-headquartered manufacturer of sustainability-oriented barrier plastic packaging for the crop protection and specialty chemicals markets. SK Capital said it will partner with IPACKCHEM's management to accelerate organic and acquisitive growth and expand the company's global market position.

Paine Schwartz Partners Invests in Kynetec

March 19, 2021

Data & Analytics

Paine Schwartz Partners has made a growth investment in Kynetec through Paine Schwartz Food Chain Fund V; financial terms were not disclosed. Kynetec, a provider of agricultural and animal health market research, data and insights based in Newbury, England (with operations in St. Louis, Missouri), will use the capital to accelerate growth, expand capabilities and pursue complementary bolt-on acquisitions.