Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

Olde Thompson acquires New Jersey-based Gel Spice

foodprocessing-technology 2020-07-28
Share       

Olde Thompson, a portfolio company of private equity firm Kainos Capital, has expanded its presence in the US spices and seasonings segment with the acquisition of Gel Spice for an undisclosed sum.

based in Bayonne, New Jersey, Gel Spice manufactures and imports spices, seasoning, bakery ingredients and speciality items for retail, foodservice, industrial and export channels.

Olde Thompson CEO Jeff Shumway said: “Olde Thompson is thrilled to partner with Gel to expand our platform.

“Through the addition of Gel and the combination of our sales forces, we broaden our reach by adding customers within the retail, food service, bakery, industrial and export channels while also increasing our product offerings to include dry mixes, extracts and single-serve seasonings for meal kits.

“We are now the largest private label focused spice company dedicated to providing complete category solutions.”

With this deal, Olde Thompson is said to have bolstered its presence in the spices segment with a bi-coastal manufacturing footprint.

The transaction will also allow Olde Thompson to enhance its product offering into pouches, extracts and single-serve seasonings for meal kits and other applications.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

Genmont Jin- Min-Yi-Le probiotic capsules

Genmont Jin- Min-Yi-Le probiotic capsules

Ginger Powder

Ginger Powder

Ascorbyl Plamitate

Ascorbyl Plamitate

stevia RA98%

stevia RA98%

MVR evaporation system

MVR evaporation system

Vitamin D2 powder 100cws

Vitamin D2 powder 100cws

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121