Nutrinova Netherlands / Mitsui & Company: The company was acquired by Mitsui & Company for $473 million on August 24, 2023. The company is a producer of food ingredients based in Amsterdam, Netherlands and specializes in the production and sales of acesulfame potassium, sorbic acid and potassium sorbate.
Allerstedter Kaserei / Fude + Serrahn Milchprodukte: The company was acquired by Fude + Serrahn Milchprodukte, a subsidiary of Fude + Serrahn Vermögensverwaltungsgesellschaft, for an undisclosed amount on August 22, 2023. The company is a distributor of dairy products based in Wohlmirstedt, Germany that specializes in offering sour milk cheese for customers.
Brew By Numbers / Breal Group: The company was acquired by Breal Group through an LBO on August 24, 2023 for an undisclosed amount. The company is a producer of handcrafted beer in a range of diverse flavors and is sourced from natural ingredients.
ifiGourmet / Roland Foods: The company was acquired by Roland Foods, via its financial sponsors Goldman Sachs Private Middle Market Credit BDC, Ares Capital Corporation BDC, Vestar Capital Partners, Harvest Partners, HarbourVest Partners and Ares Management, through an LBO on August 21, 2023 for an undisclosed amount. The company is a distributor of baking and pastry products, decoration and flavoring products, tarts, dessert mix ingredients, topping and fillings, colorants and other associated products to bakeries.
Romer’s Hausbäckerei / IDAK Food Group: The company was acquired by IDAK Food Group, via financial sponsors Invision and NORD Holding, through an LBO on August 22, 2023 for an undisclosed amount. The company is a producer of frozen baked goods and confectionery products that includes croissants, loaves of bread, small breads, sweet and savory baked goods, desserts and gateaux, as well as the “Toast Master” snack line.
Seltic Beverages / Turquoise Consulting: The company reached a definitive agreement to be acquired by Turquoise Consulting for an undisclosed amount on August 22, 2023. The company is an operator of ready-to-drink premium cocktail beverages based in Scottsdale, Arizona.
The Urgent Company / Superlatus: The company, a subsidiary of Perfect Day was acquired by Superlatus, a subsidiary of TRxADE Health, for an undisclosed amount on August 25, 2023. The company specializes in production of animal-free dairy products such as ice cream, cake mixes, cream cheese and sports nutrition products.
Source: Pitchbook Data, Inc.