Announced
Completed
Financials
Tags
Majority
Domestic
Food Products
United States
baked goods
Private
Acquisition
Completed
Private Equity
Friendly
Single Bidder
Synopsis
SK Capital Partners, a private investment firm, completed the acquisition of J&K Ingredients, a manufacturer in the world of bakery, food & beverage, and pet food ingredients, from CORE Industrial Partners, a private equity firm. Financial terms were not disclosed. “Clean label food preservation technologies are an increasingly important pillar of sustainability by reducing food waste and the associated environmental footprint, and J&K has already established itself as a critical, value-added clean label partner to its bakery customers. We feel privileged to play a part in bringing clean label preservative solutions to the broader food and beverage industry with SOR-Mate, as well as in building out a more comprehensive suite of natural and clean label solutions as we embark on J&K’s next phase of growth,” Mario Toukan, SK Capital Managing Director.
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