The Ingredient House is a supplier of ingredients to the global food and beverage industry
Prinova Group has entered into a definitive agreement to acquire The Ingredient House (TIH). TIH is active in the sweetener, polyol and specialty ingredient sectors internationally. The increases Prinova's capabilities in the ingredient distribution space.
TIH is a supplier of ingredients to the global food and beverage industry. The company says its adherence to improved quality standards allows it to consistently deliver the global supply chain needs of its food and beverage customers.
This acquisition is an opportunity for Prinova to further leverage industry relationships and integrate The Ingredient House's supply chain advantages into its existing business, the company says.
Prinova President and CEO Don Thorp said: "We are excited to welcome The Ingredient House to the Prinova Group and are eager to have their innovative commercial team plug into our broader network. The success of Prinova's ingredient business has always been based on customer relationships, market expertise and a global presence. TIH will contribute immensely to this offering, especially in the sweetener and polyol space."
Graham Hall, CEO at The Ingredient House, said: "Through our 15-year history, TIH has strived to partner closely with our customers and suppliers to deliver upon our commitment to quality, service and reliability. This has been the cornerstone of our growth over many years. Through an integration with Prinova, we see tremendous synergy potential through access to a much broader ingredient portfolio and manufacturing resources that will deliver significant value to our customers and our suppliers."