Personal equity company purchases J&K Ingredients

PATERSON, NJ.– SK Capital Partners LP has actually finished its formerly revealed acquisition of J&K Ingredients Inc. from CORE Industrial Partners.

Headquartered in Paterson, J&K provides food and drink active ingredient options with a concentrate on natural, natural and tidy label. The business concentrates on custom-made solutions and brand-new item advancement. Its items consist of mold inhibitors, egg and milk replacements, emulsions, tastes and bread bases for the baking market. It likewise provides a tidy label option to potassium sorbate.

” Tidy label food conservation innovations are a progressively crucial pillar of sustainability by minimizing food waste and the involved ecological footprint, and J&K has actually currently developed itself as a crucial, value-added tidy label partner to its bakeshop clients,” stated Mario Toukan, handling director of SK Capital. “We feel fortunate to play a part in bringing tidy label preservative options to the more comprehensive food and drink market with SOR-Mate, in addition to in constructing out a more thorough suite of natural and tidy label options as we start J&K’s next stage of development.”

J&K Components was developed in 1899 and has actually long concentrated on food conservation options. The business runs 3 centers in Paterson. The business stated it holds FDA, halal, kosher, FSSC 22000 and natural accreditations.

New York-based SK Capital is a personal equity company with financial investments in the specialized products, active ingredients and life sciences sectors. With $7.9 billion under management, the business’s portfolio of companies creates about $15 billion in yearly sales, utilizes more than 25,000 individuals worldwide and runs more than 200 plants in over 30 nations.