Troyer is the second add-on acquisition that Lipari has completed since H.I.G. acquired the company in January 2019 and part of a broader M&A-oriented growth strategy.

As outlined in August 2018 as part of the company’s Board-led strategy and portfolio review, Campbell is in the process of divesting its Campbell Fresh and Campbell International businesses to increase the company’s focus, significantly reduce debt and strengthen its balance sheet.

“As a long-term investor in White Energy, we are intimately familiar with the Russell facilities, which have a unique competitive position in the food ingredient and renewable energy markets. We believe this business can be improved even further by focusing on Russell as a standalone operation,” said Victor Khosla, SVPGlobal’s founder and chief investment officer.

The food market in the US has expanded in recent years, driven by population growth and changing food preferences due to increasingly diverse consumer lifestyles.

The strategic investment is intended to help ensure continuity and security of supply for Corbion customers who have embraced the company's vinegar-based solutions as effective alternatives to synthetic ingredients.

It seems clear that transition to natural is global in nature. According to Mintel, more than 75% of the food and drink products launched globally in the first three quarters of 2018 used colors from natural sources versus synthetic options.

"We want to help make Wichita the Silicon Valley of protein, bringing together the best minds, innovation and technology in the industry," said Cargill Protein President Brian Sikes.

Available in 2019, ASTRAEA Allulose will enable food and beverage manufacturers throughout the Americas to reduce calories from sucrose and other caloric sweeteners in a wide range of products, including beverages, dairy, bakery and confectionery items. 

This facility opened November 1, 2018, and houses Comax’s administration, sales and customer service teams. Strategically located in Shanghai, this facility is committed to better serve Comax’s Chinese and Asian Pacific regional customers.

In foods and beverages, Bartek’s malic acid ingredients—commonly used in beverages and candies, as well as other food applications—impart a desirable sourness reflective of fruit flavor profiles like apples and citrus fruits and delivers an array of functional benefits, including intensifying flavors, improving aftertaste, and deepening and broadening the flavor profiles of a variety of applications.