AFRICA'S NO.1 FOOD, BEVERAGE & MILLING INDUSTRY MAGAZINE

Sensient Natural Ingredients, Taylor Farms expand North American operations with new acquisitions

Mar 31, 2021Mar 31, 2021 Editor

NORTH AMERICA – Sensient Natural Ingredients and US producer of salads and fresh foods Tailor Farms have made new acquisitions to expand their capacities in North America. On its part, Sensient Natural Ingredients announced that it has completed its purchase of New Mexico Chili Products, a dehydrated chilli production facility in the US. Located in Deming, New Mexico, the facility processes capsicums and a variety of specialty chillies for CPG food manufacturers, spice blenders and foodservice customers. The new asset is a great addition to the company which already processes…

Private equity firm Vestar Capital Partners acquires Dr. Praeger’s Sensible Foods

Jan 29, 2021Jan 29, 2021 Editor

US – Dr. Praeger’s Sensible Foods, one of the pioneers in the plant-based and better-for-you food space, has been acquired by Vestar Capital Partners – an American private equity firm focusing on leveraged buyout transactions in middle-market companies in the United States. Under the terms of the deal, second-generation family members who owned Dr. Praeger’s — CEO Larry Praeger and President Adam Somberg — will retain their positions and still have a significant stake in the company. Jeffrey Ansell, a consumer industry veteran and senior advisor to Vestar, will become…