Operating Company Manufacturing

Solina

Bréal-sous-Montfort, Brittany, France

Global partner for the food industry and foodservice, designing tailor-made food ingredient solutions across dry seasonings, coatings, functional blends and liquid sauces, marinades and more; operates production sites and R&D centers in Europe and North America.

Focus Areas
Food ingredients, Dry seasonings and spice blends, Coatings
Website
solina.com

Tracked deals

7

7 tracked deals across 2021-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout · 1 addon

Solina Acquisition Volume by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Solina. 1 2021 2 2022 1 2023 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Solina USA, Solina Group SAS, Astorg Partners, HC Private Investments LLC (HCPI)
    Target
    Epicurean Butter Co.
    Seller
    HC Private Investments LLC (HCPI), HC Private Investments, HC Private Investments
    Industry
    Food & Beverage
    Type
    Buyout

    Solina USA acquired Epicurean Butter, a Denver-based developer and manufacturer of flavored compound butters and customized dairy flavor solutions. The deal expands Solina’s dairy innovation and flavor development capabilities, with Epicurean continuing to operate from its Denver facility under its existing leadership team.

  • Buyer
    Solina USA Inc., Solina USA
    Target
    Twang Foodservice (TP Parent LLC division), Twang Foodservice
    Seller
    Encore Consumer Capital, LP, co-investors, the founding Treviño family, Twang Partners
    Industry
    Food & Beverage
    Type
    Buyout

    Solina has acquired Twang Foodservice, a San Antonio-based developer and manufacturer of beverage flavor systems and dry beverage solutions serving quick service restaurants and other foodservice operators across North America. The deal is intended to expand Solina’s capabilities in fast-growing beverage innovation, with Twang Foodservice’s San Antonio operations continuing as a beverage development center. Twang’s branded packaged foods business will be separated into Twang Brands, which will remain independently owned and operated.

  • Buyer
    Solina
    Target
    Sokol Custom Food Ingredients
    Seller
    Burlington Capital Partners
    Industry
    Food & Beverage
    Type
    Buyout

    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.

  • Buyer
    Solina
    Target
    W.T. Lynch Foods Limited
    Industry
    Food & Beverage
    Location
    Ontario, Canada
    Type
    Buyout

    Solina has acquired W.T. Lynch Foods Limited, an Ontario-based manufacturer of sauces, syrups, dessert toppings and soup/gravy bases, to accelerate its North American expansion. Lynch Foods generates approximately CAD 95M in annual sales and its 178 employees and leadership team will join Solina, increasing Solina's Canadian headcount and coast-to-coast capabilities.

  • Buyer
    Solina
    Target
    Saratoga Food Specialties
    Industry
    Food & Beverage
    Type
    Buyout

    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.

  • Buyer
    Solina
    Target
    Zafron Foods
    Seller
    Kenny family
    Industry
    Food & Beverage
    Location
    England, United Kingdom
    Type
    Addon

    Solina has acquired Zafron Foods from the Kenny family, integrating the London-based sauces and condiments manufacturer into its sauce platform. The deal adds Zafron’s two UK manufacturing sites, recognized brands (Kenny's, Zafron, Kromberg), and a 65-employee operation with ~£23m in sales to Solina’s global portfolio to accelerate capability and product offering in custom sauces and liquid solutions.

  • November 9, 2021
    Buyer
    Solina
    Target
    Asenzya Inc.
    Industry
    Food & Beverage
    Type
    Buyout

    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.

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