Add-on Acquisition • Food

Prinova Group Acquires LycoRed

On June 26, 2017, Prinova Group acquired food company LycoRed

Acquisition Context
  • This is Prinova Group’s 1st transaction in the Food sector.
  • This is Prinova Group’s 1st transaction in Israel.

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M&A Deal Summary

Date June 26, 2017
Target LycoRed
Sector Food
Buyer(s) Prinova Group
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 1 of 3
Sector: Food 1 of 2
Type: Add-on Acquisition 1 of 3
Country: Israel 1 of 1
Year: 2017 1 of 1
FOLLOWING 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.

Buy -

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