Announced
Completed
Financials
Tags
flavor solutions
Food Products
Majority
Friendly
Acquisition
United States
Domestic
Private
Single Bidder
Private Equity
Completed
Synopsis
Ardian and MidOcean-backed Florida Food Products, an international agribusiness, completed the acquisition of Comax Flavors, a provider of clean label flavor solutions focused on the beverage and nutrition markets. Financial terms were not disclosed. "We are thrilled to welcome Comax to the FFP family, and to partner with the Calabretta family. Comax has built an impressive portfolio of natural flavors, which we intend to augment with FFP’s industry leading extraction, drying, and fermentation capabilities. Our acquisition of Comax represents our first major investment of the Ardian and MidOcean partnership and accelerates our objective of becoming the industry’s largest independent provider of natural ingredients," Jim Holdrieth, FFP CEO.
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