Food ingredients firms SFINC and Jadico are to merge to create a combined business with annual sales of EUR70m (US$84.8m).

Private-equity firm AXA, which owns a majority stake in Sfinc, announced the deal earlier this week.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

AXA Private Equity MD Arnaud Dufer said the move was part of Sfinc’s strategy to grow across Europe.

“The merger with Jadico is a significant achievement as it both doubles the size of the group and gives a major boost to this growth strategy,” Dufer said.

Sfinc manufactures and markets spices, marinades and functional food mixes. Jadico develops, produces and markets ranges of spices, herbs, sauces and mayonnaise. 

See Also:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.