Announced
Completed
Synopsis
Solina, a global partner for the food industry, foodservice, QSR, and nutrition sectors, completed the acquisition of Sokol, a formulator and manufacturer of wet-fill, liquid food ingredient products, from Burlington Capital Partners, a private equity firm. Financial terms were not disclosed. "Sokol's business is very complementary to Solina USA's business, and it also brings a new specialization in sweet sauces to complement our expertise in savoury. Like Solina USA, Sokol is a value-added partner to its customers through a unique blend of manufacturing capabilities, innovation, and ideation, led by a culinary driven R&D Team," Anthony Francheterre, Solina Global CEO.
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