CVC Capital Partners to Acquire Food Ingredients Maker Irca
The private equity firm plans to support the next phase of growth for the Italian company, which produces over 7,000 products.
Business & Markets • 3 months ago
CVC Capital Partners has agreed to purchase Irca, an Italian manufacturer of food ingredients, from the private equity firm Advent.
Irca produces more than 7,000 products and supplies customers in over 100 countries. CVC Capital Partners stated that it intends to support the company through its upcoming growth phase.
The acquisition marks a significant transaction in the food ingredients sector, with CVC Capital Partners aiming to leverage Irca's established global presence and product portfolio. Further details of the transaction were not immediately disclosed.