Fuerst Day Lawson (FDL) Acquires Quest Ingredients from Quest Vitamins

ADM Acquires Fuerst Day Lawson (FDL) from Highlander Partners

February 19, 2024

Food & Beverage

ADM (Archer-Daniels-Midland Company) agreed to acquire and has completed the purchase of Fuerst Day Lawson Limited (FDL), a London-based developer and manufacturer of flavor and functional ingredient systems, from Highlander Partners. FDL, founded in 1884, operates three UK production facilities, has ~235 employees and projected 2023 sales of about $120 million; ADM said the deal expands its global flavors capabilities and strengthens its presence in European foodservice and other food & beverage end markets.

Exponent Acquires IFF's Flavour Specialty Ingredients (FSI) Business

August 2, 2023

Food & Beverage

Exponent Private Equity agreed to acquire the Flavour Specialty Ingredients division (FSI) from International Flavors & Fragrances (IFF), a UK‑headquartered supplier of natural and aroma chemical base aromas. The carve‑out includes four manufacturing and distribution facilities across the UK, US and China, serves ~970+ clients and generates over $100 million in revenue; Exponent will back FSI to grow organically and via acquisitions.

ADM Acquires Flavor Infusion International (FISA)

December 22, 2021

Food & Beverage

ADM has acquired Flavor Infusion International, S.A. (FISA), a provider of flavor and specialty ingredient solutions serving customers across Latin America and the Caribbean. The bolt-on deal adds two manufacturing facilities in Panama and Colombia and a team of approximately 60 employees to ADM's Nutrition/Flavors business to expand capabilities and accelerate growth in the high-value flavors segment in the region.

Distribution Solutions Group (Lawson) to Acquire Source Atlantic Limited

July 10, 2024

Logistics & Distribution

Distribution Solutions Group, through its operating company Lawson Products and affiliate Lawson Products Canada, agreed to acquire Source Atlantic Limited, a Canadian wholesale distributor of industrial MRO supplies, safety products, fasteners and value‑added services. The transaction, expected to close in Q3 2024, expands DSG's Canadian footprint by combining Source Atlantic's eastern Canadian presence with Bolt Supply's western operations and is expected to be immediately accretive to DSG's adjusted EPS.

Turpaz Industries Acquires Flavors and Essences UK (F&E) from IFF for £22M

September 3, 2024

Food & Beverage

Turpaz Industries Ltd. acquired 100% of Flavors and Essences UK Limited (F&E) from IFF for £22 million, expanding Turpaz's presence in the UK and Europe. F&E, founded in 1998, employs about 50 people and reported £6.6 million revenue in the first half of 2024; Turpaz said the acquisition strengthens its European footprint and cross-selling capabilities.

Fonds de solidarité FTQ and CDPQ Acquire 65% of Bonduelle Americas Long Life

June 30, 2022

Food & Beverage

Bonduelle has sold 65% of Bonduelle Americas Long Life (BALL) to institutional investors Fonds de solidarité FTQ and CDPQ, valuing BALL at an enterprise value of C$850 million. The deal—cleared by U.S. and Canadian regulators—allows Bonduelle to redeploy capital to focus on brands and sustainable growth while BALL continues processing and marketing canned and frozen vegetables to retail and foodservice customers in North America.