QualiTec, a global manufacturer of plant nutrition, animal nutrition and food ingredient products and services, announced the acquisition of Ellison Bakery, a manufacturer of cookies, snack bars, crunches, toppings, and inclusion ingredients for retail, food service and private label end markets. Terms of the transaction were not disclosed.
Headquartered in Fort Wayne, Ind., Ellison provides a wide range of bakery products and solutions including mix-ins, frozen novelty components, and snack inclusions to a diverse mix of blue-chip customers and established and emerging brands. The acquisition of Ellison advances QualiTech’s plans to strategically expand the platform’s capabilities with synergistic products and ingredient solutions and drive future growth following MidOcean Partners’ investment in the company in 2023. MidOcean identified Ellison, a portfolio company of Tilia Holdings, LLC, as a priority add-on acquisition target early in the underwriting process due to the highly complementary nature of its products to the ingredient solutions that QualiTech provides.