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  6. Prinova Group Acquires Lakeshore Technologies

M&A Deal Summary

Prinova Group Acquires Lakeshore Technologies

On December 7, 2021, Prinova Group acquired business services company Lakeshore Technologies

Acquisition Highlights
  • This is Prinova Group’s 1st transaction in the Business Services sector.
  • This is Prinova Group’s 2nd transaction in the United States.
  • This is Prinova Group’s 1st transaction in Michigan.

M&A Deal Summary
Date 2021-12-07
Target Lakeshore Technologies
Sector Business Services
Buyer(s) Prinova Group
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Prinova Group

Carol Stream, Illinois, United States
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 3 of 3
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 The Ingredient House

Southern Pines, North Carolina, United States

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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