Portfolio management company AXA Private Equity has started exclusive talks to acquire French food additives specialist Diana Ingrédients.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Diana Ingrédients is currently owned by investment fund Cognetas, who acquired the company from French bank BNP Paribas in April 2004 for EUR270m. A deal with AXA could be worth around EUR700m (US$945.7m). 


Following the sale, French media reports suggest Cognetas will retain a majority stake. The investment fund declined to comment when contacted by just-food today (29 May). 


Diana Ingrédients’ culinary ingredients activities focus on tailor-made ready-to-use sauces and flavoured butters along side pork bards and high functional meat proteins.


The Brittany-based firm also specialises in meat and seafood natural ingredients and pet food ingredients.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Diana Ingrédients has a total workforce of around 1,000 staff. The group posted turnover of EUR280m in 2006.

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact