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Fubon Life Insurance to invest $70m in Advent International s new global fund

Advent International to acquire leading artisanal food ingredients company IRCA from Carlyle

Milan, 11th April, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has agreed to acquire IRCA, a leading Italian producer of specialty ingredients for artisanal pastries, cakes and gelatos, from global investment firm Carlyle (NASDAQ: CG). Terms of the transaction were not disclosed.

Advent International to acquire leading artisanal food ingredients company IRCA from Carlyle

Milan, 11th April, 2022 – Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has agreed to acquire IRCA, a leading Italian producer of specialty ingredients for artisanal pastries, cakes and gelatos, from global investment firm Carlyle (NASDAQ: CG).

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