SK Capital Acquires J&K Ingredients from CORE Industrial.
MANews-(C)2009-2023
Funds advised by US-based investment firm SK Capital Partners, LP has agreed to acquire New Jersey based food and beverage ingredients supplier J&K Ingredients, Inc., the company said.
Terms of the deal were not disclosed. The transaction is expected to close before the end of the year.
J&K is owned by CORE Industrial Partners. J&K is a market leading manufacturer and supplier of food and beverage ingredients with an emphasis on natural, organic, and clean label products.
Kirkland & Ellis LLP acted as legal counsel to SK Capital. Debt financing will be provided by KeyBanc Capital...
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