US sauces and dressings maker Tulkoff Foods has acquired Celtrade Canada to boost its “culinary innovation”.
Toronto-headquartered Celtrade, a private-label manufacturer of sauces and condiments, is the Canadian arm of US group Stir Foods.
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Celtrade markets cooking sauces, infused oils, vinegars, mayo-type spreads, gourmet condiments and salad dressings to retail. foodservice and industrial clients.
Private-equity-owned Tulkoff Foods, based in Baltimore, produces sauces, dips and dressings for foodservice and CPG customers.
In a statement, the company called the deal “strategic” and said it “strengthens” the new, combined group’s ability to serve customers with “greater speed, creativity, and reliability”.
The combined business will operate manufacturing facilities in both the US and Canada.
“Celtrade’s robust, innovation-focused R&D team adds impressive culinary horsepower to Tulkoff’s strong foundation, creating an industry leading, world class, custom solution-oriented enterprise with a deeply embedded culture of discovery,” Tulkoff Foods added.
The financial terms of the deal were not disclosed.
Tulkoff, which was acquired by investment firm Graham Partners in 2024, also said the deal will widen the packaging options it can offer, including tubs, sachets and dip cups.
Mike Kagan, the CEO of Tulkoff Foods, said: “Celtrade has built an exceptional reputation for quality and innovation and together, we’ll deliver even more value to our customers by combining expertise, expanding product offerings, and enhancing our manufacturing footprint.”
Celtrade president Chris Bouchard added: “This move is highly complementary in the capabilities we can bring to our collective customer base.
“It gives our customers more- more capacity, more capability, more pack size options and more choice.”
