Investindustrial-backed CSM Ingredients, a supplier of the ingredients with a wide range across Bakery Fats, Pastry and Bread Ingredients as well as food solutions for multiple industrial applications, completed the acquisition of HI-Food, an innovation company in the field of natural food-tech ingredients. Financial terms were not disclosed. "The scientific approach and Hi-Food innovations will find in CSM Ingredients an ideal launching pad and reciprocal multiplication of value. With Investindustrial’s determination to help shaping the ingredients industry towards a more sustainable future, I consider this to be a perfect alliance with extraordinary potential for value creation," Giampaolo Cagnin, Hi-Food Founder.