Denver, CO—Ardent Mills has acquired substantially all of the business assets of Firebird Artisan Mills, a gluten-free, specialty grain and pulse milling company. The brand will be fully integrated into Ardent Mills over the next few months. “As we partner with our customers in the specialty ingredient and gluten-free space,...
Chicago, IL—ADM’s purchase of Deerland Probiotics & Enzymes is complete, according to a press release. “One of the fundamental structural demand trends driving ADM’s growth is consumers’ increasing focus on health and well-being, with global demand for health and wellness products estimated at more than $775 billion,” said Vince Macciocchi,...
Lake Forest, IL—RoundTable Healthcare Partners, a private equity firm focused on the healthcare industry, has established Everwell Health Holdings, LLC, a new consumer health and wellness functional ingredients platform. Everwell Health is also announcing its acquisition of Nutrition21 as its first investment. “Our new ingredients platform, anchored by an industry...
Chicago, IL—ADM has purchased Deerland Probiotics & Enzymes, according to a press release. “The microbiome represents one of ADM’s six strategic growth platforms, and with global demand for health and wellness products estimated at more than $775 billion, today’s investment represents a significant step forward for ADM,” said ADM Chairman...
Regina, Saskatchewan—Above Food Corp has entered into a binding transaction agreement with Atlantic Natural Foods, a manufacturer of plant-based seafood alternatives, egg replacements, and meals. The agreement has been unanimously approved by the Boards of Directors of both companies, and is expected to close in Q1 2022. "Atlantic's commitment to...
San Francisco, CA—Gryphon Investors has signed an agreement to acquire Metagenics, Inc. from Alticor Inc., according to a press release. This is Gryphon’s third investment in consumer health products, and first investment in the nutritional health category. "We are delighted to partner with the team at Gryphon as we plan...
Kemin Industries, Inc., acquired Proteus Industries, Inc. The terms of the transaction were not disclosed. Proteus is a food technology and ingredient company based in Gloucester, MA. Kemin is a global ingredient manufacturer based in Des Moines, IA. The Procter & Gamble Company (NYSE:PG) acquired VitaminHaus Pty Ltd. The terms...
AAK is expanding its business via acquisitions and partnerships, according to two press releases. The company has agreed to purchase BIC Ingredients, the lecithin arm of BIC International Holding. BIC Ingredients supplies non-GM specialty lecithin and lecithin compounds. AAK will integrate the products into its Akolec brand of specialty lecithins.
Chicago, IL—Prinova Group, LLC, has entered into a definitive agreement to acquire The Ingredient House (TIH). TIH has a “significant” presence in the sweetener, polyol, and specialty ingredient sectors both in the U.S. and internationally, according to a press release. Prinova President and CEO Don Thorp commented: "We are excited...
Wheat Ridge, CO—GenTech Holdings, Inc. has acquired American Metabolix, a supplement company with sports nutrition and Keto products available at GNC, Bodybuilding.com, and other sports nutrition retailers worldwide. GenTech, which works largely in the functional foods marketplace, has recently acquired a number of brands and businesses, including Sinfit Nutrition, Fizzique,...
