TA Associates (TA), a global growth private equity firm, has made a strategic growth investment in Nactarome, a European Group of companies specialising in the development and manufacturing of natural flavours, colours, functional ingredients and clean labels for the food and beverage industry.
Upon closing of the transaction, TA will become the majority shareholder, working closing with Nactarome’s Management Team, who will retain a minority equity stake. Nactarome’s current investor Ambienta, Europe’s largest sustainability-focused private equity investor, is expected to retain a minority equity stake as well. Financial terms of the transactions were not disclosed.
Nactarome Management and TA will partner to further accelerate the Company’s vision to become the partner of choice for the food, beverage and life science marketplace, with ongoing organic growth driven by the Company’s strong presence in the sector and its focus on R&D and high-quality service, as well as international expansion and continued strategic M&A.
Read more/Source: Private Equity Wire
