Milan, 11th April, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has agreed to acquire IRCA, a leading Italian producer of specialty ingredients for artisanal pastries, cakes and gelatos, from global investment firm Carlyle (NASDAQ: CG). Terms of the transaction were not disclosed.
IRCA ingredients firm sold by Carlye to Advent International thegrocer.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thegrocer.co.uk Daily Mail and Mail on Sunday newspapers.
MILAN Advent International has agreed to buy Italian dessert ingredients maker IRCA from rival Carlyle Group, in a sign of buoyant private equity dealmaking…
Milan, 11th April, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has agreed to acquire IRCA, a leading Italian producer of specialty ingredients for artisanal pastries, cakes and gelatos, from global investment firm Carlyle (NASDAQ: CG).