Latest News
Florida Food Products Acquires Amelia Bay to Add Beverage Platform to Portfolio
Thursday 13 August 2020

US-based food processor Florida Food Products (FFP) has acquired Georgia-based tea and coffee extracts provider Amelia Bay, LLC., to strengthen FFP's position in the clean label ingredients space with the addition of a beverage platform, the company said.

Terms of the transaction were not disclosed.

FFP is in clean label food and beverage ingredient solutions. FFP's latest innovations include VegStablePlus, a natural phosphate alternative for the meat industry, and a line of fermented vegetable juices that provides novel flavor and taste enhancement delivery to a wide variety of end applications, most notably plant-based foods.

MidOcean Partners, a premier middle market private equity firm focussed on the business services and consumer sectors, is the controlling shareholder of Florida Food Products.

Houlihan Lokey acted as exclusive financial advisor and Nelson Mullins acted as legal advisor to Amelia Bay.

Florida Food Products, LLC. operates a multifunctional production facility and is involved in manufacturing of vegetable juice concentrates and derivatives used in a multitude of food applications.
Details
Date Published: 13/08/2020

Options