The acquisition further complements Flavorchem and Orchidia’s portfolio and strengthens their global capabilities across the food and beverage and consumer goods sector.
Revela, with $240 million in projected 2023 sales, adds to ADM’s portfolio with innovative technology to meet demand in the $1.8 billion dairy flavor segment.
Core Industrial Partners has announced the completion of the previously announced sale of J&K Ingredients LLC, a manufacturer of specialty clean label food & beverage ingredients, to SK Capital, a private investment firm.
The Apax team, working in partnership with Bazooka’s management team, will look to stand the company up as an independent business and build on the success of Bazooka’s global portfolio of confectionery brands.