Kainos-backed Olde Thompson completed the acquisition of Gel Spice.

Kainos Capital-backed Olde Thompson, a provider of private label and branded spices and seasonings, completed the acquisition of Gel Spice, a family-owned importer and manufacturer of spices, seasoning, and bakery ingredients to both the retail and foodservice channels. Financial terms were not disclosed. "Olde Thompson is thrilled to partner with Gel to expand our platform. Through the addition of Gel and the combination of our sales forces, we broaden our reach by adding customers within the retail, foodservice, bakery, industrial and export channels while also increasing our product offerings to include dry mixes, extracts and single serve seasonings for meal kits. We are now the largest private label focused spice company dedicated to providing complete category solutions," Jeff Shumway, Olde Thompson CEO.