/PRNewswire/ Kainos Capital, a private equity firm specializing in acquiring and managing food and consumer businesses, is pleased to announce that it has.
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Kainos Capital To Sell Olde Thompson to Olam Food Ingredients
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DALLAS, April 28, 2021 /PRNewswire/ Kainos Capital ( Kainos ), a food and consumer-focused private equity firm, today announced that it has agreed to sell its portfolio company Olde Thompson to Olam Food Ingredients, an operating group of Olam International (SGX: 032), a global food and agri-business, in a transaction valued at $950 million. Olde Thompson was acquired by Kainos in May 2018.
Headquartered in Oxnard, California, Olde Thompson is the largest dedicated manufacturer and supplier of private label dry spices and seasonings in North America. Last year Olde Thompson acquired Gel Spice, which further established it as a leader in the spice category. The acquisition created a differentiated bi-coastal manufacturing footprint, unlocked additional channels, and expanded the company s product offering into pouches, extracts and single serve seasonings for