The Carlyle Group-backed Irca to acquire In2Food Gourmet.

The Carlyle Group-backed Irca, an Italian company that has been producing food ingredients, agreed to acquire In2Food Gourmet, a distributor of premium ingredients brands primarily for the pastry market. Financial terms were not disclosed. “The transaction significantly strengthens our current positioning on the American market which offers great potential due to the high demand for Italian artisan products. I firmly believe that In2Food represents a perfect synergy for our business, both in terms of complementary product offering and the expertise and knowledge of the sector shared by the management team," Paolo Perego, Irca CEO.