date:Aug 18, 2012
Private equity firm the Riverside Company, owners of Capol, announced the acquisition of the US food ingredients arm of Centerchem on Wednesday.
Centerchems food ingredients business was already distributing Capols confectionery coatings and finishes, but the deal is expected to open up new avenues in the vast US confectionery market.
Boost to customer base
Riverside principal Dominik Heer said in a statement:Acquiring this business unit provides Capol with direct access to a large blue-chip