Olam Food Ingredients Buys Olde Thompson
Olam Food Ingredients, an operating group of
Olam International, a global food and agri-business, has agreed to purchase
Olde Thompson from
Kainos Capital, a food and consumer-focused private equity firm, to in a transaction valued at $950 million. Headquartered in Oxnard, California, Olde Thompson is a manufacturer and supplier of private label dry spices and seasonings in North America.
Andrew Rosen, managing partner of Kainos, said, “Our investment in Olde Thompson was driven by our thesis in the growing importance of spices and flavorings as consumers seek bolder taste profiles. After meeting Jeff Shumway, the founder of Olde Thompson, nearly a decade ago, we ultimately partnered in 2018 to pursue our shared vision to grow Olde Thompson into the largest dedicated private label provider of spices and seasonings. We accomplished this by investing in our manufacturing capabilities and customer development resources, and the acquis
Kainos Capital To Sell Olde Thompson to Olam Food Ingredients
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Kainos Capital To Sell Olde Thompson to Olam Food Ingredients
djournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from djournal.com Daily Mail and Mail on Sunday newspapers.