Sensient Technologies Acquires Endemix

Axxence Corporation Acquires Purely Natural

April 23, 2025

Food & Beverage

Axxence Corporation has acquired Purely Natural, a Florida-based supplier of natural flavor ingredients, taking ownership of the company's shares, operations, intellectual property and customer relationships. The deal supports Axxence's U.S. expansion and strengthens its commercial capabilities, with Purely Natural's president and CEO Bob Kleinhenz joining Axxence as commercial executive vice president.

Azelis Acquires Hortimex to Expand Food and Nutraceuticals Footprint in Poland

September 26, 2024

Food & Beverage

Azelis has signed an agreement to acquire 100% of the shares of Hortimex, a Poland-based specialty chemicals distributor serving the food ingredients and nutraceuticals markets. The acquisition is intended to strengthen Azelis’ footprint in Poland and complement its Food & Nutrition value chain with a broader local product range and sales/technical capabilities.

Turpaz Industries Acquires Flavors and Essences UK (F&E) from IFF for £22M

September 3, 2024

Food & Beverage

Turpaz Industries Ltd. acquired 100% of Flavors and Essences UK Limited (F&E) from IFF for £22 million, expanding Turpaz's presence in the UK and Europe. F&E, founded in 1998, employs about 50 people and reported £6.6 million revenue in the first half of 2024; Turpaz said the acquisition strengthens its European footprint and cross-selling capabilities.

Phoenix Aromas & Essential Oils Acquires Aromatic Ingredients Limited

May 1, 2019

Manufacturing

Caymus Equity Partners portfolio company Phoenix Aromas & Essential Oils has acquired Aromatic Ingredients Limited, a Nottingham-based blender and distributor of raw materials for the flavor and fragrance industry. The acquisition, which closed on May 9, 2019, expands Phoenix's international presence and enhances its blending and distribution capabilities.

Turpaz Industries Acquires Belgian Flavours Manufacturer Doucy

February 27, 2025

Food & Beverage

Turpaz Industries has acquired Belgian sweet flavours manufacturer Doucy for $8.5 million, with an additional contingent payment tied to Doucy's EBITDA through March 2027. The deal includes Doucy's production facility in Fernelmont, Belgium (sales of $5 million in 2024); Turpaz said the acquisition strengthens its sweet-flavours portfolio and Western European presence and was financed with bank debt.

Diversified Acquires Sensory Technologies

February 1, 2020

IT Services

Diversified, a portfolio company of Tailwind Capital, acquired Indianapolis-based Sensory Technologies, an audio-visual integration and managed services firm. The add-on expands Diversified's Midwest and Northeast footprint and represents the company's 11th add-on since Tailwind acquired Diversified in 2015.