Somerset, NJ—Catalent, Inc. has agreed to acquire Bettera Holdings, LLC, a manufacturer of gummy, soft chew, and lozenge nutritional supplements, according to a press release. Catalent is paying $1 billion for the company, which is currently a portfolio company of Highlander Partners, LP. Catalent is a global provider of development...
Montclaire, CA—Ingredients by Nature (IBN) has acquired the Sytrinol brand, including marketing assets such as logos, web domains, human clinicals, patents, and marketing data, according to a press release. The release states that IBN is “committed to providing the same level of service that brand partners have come to expect...
Purchase, NY—PepsiCo, Inc. has entered into an agreement with PAI Partners to sell several of their North American juice brands, including Naked and Tropicana, as well as several juice businesses in Europe. According to a press release, this will result in combined pre-tax cash proceeds of approximately $3.3 billion while...
Chicago, IL—ADM has reached an agreement to acquire Sojaprotein, a European provider of non-GMO soy ingredients. “This agreement testifies to the sustainable business models that MK Group is implementing, as an investment company with a diversified portfolio of value-added industries in Southeastern Europe,” said Aleksandar Kostić, vice president of MK...
New York, NY—Danone Manifesto Ventures (DMV), the corporate venture arm of Danone, has acquired a majority stake in Harmless Harvest, makers of coconut-based products including coconut water and coconut yogurt, according to a press release. In 2017, DMV led a $30m capital growth round in the company. With this additional...
Madrid, Spain—Private equity group Siparex, based in Paris, France, has taken a minority stake in Madrid-based Pharmactive, according to a press release. Pharmactive, which specializes in the research, development, and extraction of branded natural ingredients, has been experiencing a strong growth and development curve for years. It has logged an...
Oterra—formerly known as Chr. Hansen Natural Colors—is acquiring Diana Food’s natural food coloring business, according to a press release. Diana Food is owned by Symrise AG. “We are thrilled at the prospect of welcoming the entire natural colors team of Diana Food, and their dedicated customers, to the Oterra family,”...
Bradenton, FL—HP Ingredients (HPI) has purchased a stake in Herbal & Antioxidant Derivatives (H&AD) of Calabria, Italy, making HPI a shareholder contributing to worldwide sales and marketing for the company, according to a press release. H&AD manufactures a patented bergamot polyphenolic extract supported by human clinical trials. “Alongside with pre-clinical...
Cheshire, England—Engredo—a Danish provider of ingredients for the food, supplement, and pharma industries—is merging with the Lehvoss group, according to a press release. The joint venture will allow Lehvoss Nutrition, which markets and distributes nutraceutical ingredients and minerals throughout Europe, to consolidate its nutritional offerings, sales, marketing, and regulatory expertise...
Park City, UT—Private equity firm, L Catterton, announced that it has acquired Kodiak Cakes. Kodiak's existing shareholders, including Sunrise Strategic Partners, Trilantic North America, and the Company's founders and management team, will continue to own a significant minority stake in the Company going forward. "In identifying a partner for Kodiak's next...
