M&A Deal Summary

Prinova Group Acquires The Ingredient House

On September 13, 2021, Prinova Group acquired food company The Ingredient House

Acquisition Highlights
  • This is Prinova Group’s 2nd transaction in the Food sector.
  • This is Prinova Group’s 1st transaction in the United States.
  • This is Prinova Group’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2021-09-13
Target The Ingredient House
Sector Food
Buyer(s) Prinova Group
Deal Type Add-on Acquisition

Target

The Ingredient House

Southern Pines, North Carolina, United States
website
The Ingredient House is a provider of polyols, high-intensity sweeteners, and other specialty ingredients for the food & beverage industry. The Ingredient House was founded in 2006 and is based in Southern Pines, North Carolina.

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Buyer(S) 1

Buyer

Prinova Group

Carol Stream, Illinois, United States

website

Category Company
Sector Food
DESCRIPTION

Prinova Group LLC is a provider of high-quality ingredients, flavors and value-added nutrient fortification products to the global food, feed and wellness industries. Prinova holds strategic stocks in numerous distribution centers around the world to ensure continuity of supply and is the leading global supplier of Vitamin C, B and food grade Amino Acids.

DEAL STATS #
Overall 2 of 3
Sector (Food) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-26 LycoRed

Beer Sheva, Israel

LycoRed Ltd. is a supplier and developer of premixes and microencapsulated carotenoids, vitamins, minerals, and specialty ingredients. LycoRed was founded in 1995 and is based in Beer Sheva, Israel.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 Lakeshore Technologies

Norton Shores, Michigan, United States

Lakeshore Technologies is a contract manufacturer offers a variety of toll processing services, including micronizing, blending, repackaging, sifting, and metal detection and removal. Lakeshore Technologies was founded in 1997 and is based in Norton Shores, Michigan.

Buy -
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