M&A Deal Summary

Ingredion Acquires PureCircle

On April 9, 2020, Ingredion acquired food company PureCircle

Acquisition Highlights
  • This is Ingredion’s 9th transaction in the Food sector.
  • This is Ingredion’s 6th transaction in the United States.
  • This is Ingredion’s 1st transaction in Illinois.

M&A Deal Summary

Date 2020-04-09
Target PureCircle
Sector Food
Buyer(s) Ingredion
Deal Type Add-on Acquisition

Target

PureCircle

Chicago, Illinois, United States
PureCircle Ltd. is a producer and innovator of great-tasting stevia sweeteners for the global beverage and food industry. The company leads the industry with the development of a vertically integrated, sustainable and natural supply chain. It has developed a broad portfolio of ingredient solutions and has pioneered such ingredients as Reb A, SG95, and breakthrough proprietary ingredient PureCircle Alpha, as well as PureCircle Flavors. PureCircle was formed in 2001 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Ingredion

Westchester, Illinois, United States

Category Company
Founded 1906
Sector Food
Employees11,200
Revenue 7.4B USD (2024)
DESCRIPTION
Entrance to Ingredion's corporate headquarters in Westchester, Illinois.
Entrance to Ingredion's corporate headquarters in Westchester, Illinois.

Ingredion is a global ingredient solutions provider to the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. Ingredion was founded in 1906 and is based in Westchester, Illinois.


DEAL STATS #
Overall 11 of 11
Sector: Food M&A 9 of 9
Type: Add-on Acquisition M&A Deals 9 of 9
State: Illinois M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Verdient Foods

Vanscoy, Saskatchewan, Canada

Verdient Foods, Inc. is a producer of pulse-based protein concentrates and flours from peas for consumer food and animal nutrition applications. Verdient Foods is based in Vanscoy, Saskatchewan.

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