Core Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, has announced the completion of the previously announced sale of J&K Ingredients LLC, a manufacturer of specialty clean-label food and beverage ingredients, to SK Capital, a private investment firm focused on the specialty materials, ingredients, and life sciences sectors.
John May, managing partner of Core said, “We are proud of what the J&K and Core team accomplished in recent years, and believe J&K will continue to serve the clean label preservative category for food and beverage applications with excellence and innovation. J&K is well equipped to execute upon its strategic growth plan, and we wish the best to the team going forward.”