Royal DSM has entered into an agreement to acquire First Choice Ingredients, an ingredients and flavourings company at an enterprise value of $453 million. The latter is a supplier based in Germantown, Wisconsin with about 100 employees. First Choice Ingredients has maintained its leading position in the market as a provider of savoury flavourings used for taste and functional solutions. Their product portfolio includes clean label, fermented dairy and dairy-based variants. The company is … [Read more...] about DSM acquisition of First Choice Ingredients slated for completion in Q4 2021
acquisition
Tilley Company’s acquisition of Ingredients Solutions completed
Tilley Company has acquired Ingredients Solutions, further expanding its current product portfolio of specialty chemicals and lubricants. This is the first acquisition of the Baltimore-based company, after forging a partnership with SK Capital in 2020. This new business will bring in a range of products created from renewable plants and algae, including its full line of hydrocolloid products for the food and beverage industry. The latter offerings are available in organic-allowed, natural and … [Read more...] about Tilley Company’s acquisition of Ingredients Solutions completed
Angel Yeast set to acquire Bio Sunkeen for a boost in production capacity
The yeast market is looking to be one that’s poised for rapid growth from 2021 to 2025. While the segment is forecasted to expand, there is a concern regarding meeting this demand. There is also currently a molasses shortage, which has made it difficult to produce yeast-based ingredients. To address future capacity gaps and further strengthen its position in the industry, Angel Yeast has announced its acquisition of Bio Sunkeen’s yeast business and related assets. Angel Yeast will be able to … [Read more...] about Angel Yeast set to acquire Bio Sunkeen for a boost in production capacity
