With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.Īs such we need your help. Houlihan Lokey acted as exclusive financial advisor to the Calabretta family.Ī message from the Editor: Thank you for reading this story on our news site - please take a moment to read this important message:Īs you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them. Weil acted as legal advisor to Florida Food Products, Ardian, and MidOcean. “This partnership gives Comax access to new technologies, ingredients, and distribution that will accelerate the existing Comax business and provide more solutions and capabilities for our valued customers.” “We are excited to partner with the FFP, Ardian, and MidOcean teams, who share our belief that natural ingredients provide consumers with healthier options while offering our customers high-quality alternatives to traditional, synthetic ingredients. We are incredibly proud of the business that we have built and our confident that the Comax legacy will live on as part of the FFP family. Peter Calabretta Jr., Comax’s CEO, said: “Comax is the result of 40+ years of dedication to our craft and the hard work of hundreds of our colleagues. “Our acquisition of Comax represents our first major investment of the Ardian and MidOcean partnership, and accelerates our objective of becoming the industry’s largest independent provider of natural ingredients across all food and beverage segments.” Comax has built an impressive portfolio of natural flavors, which we intend to augment with FFP’s industry leading clean label, natural ingredient capabilities”, said FFP’s CEO Jim Holdrieth. “We are thrilled to welcome Comax to the FFP family. TheĬalabretta family will maintain an equity position in the combined business.įFP is a leader in clean label food and beverage natural ingredient solutions. Manufacturing facility, and develop formulations in its Marlton, NJ R&D facility.
![second life forums no access second life forums no access](https://krebsonsecurity.com/wp-content/uploads/2020/11/ransomware.png)
Comaxįormulates natural ingredients that replace synthetic flavors and maintains a portfolio of nearly 1,000 natural flavor SKUs.Īs part of the FFP family, Comax will continue to operate its Melville, NY R&D and Under the stewardship of the Calabretta family, Comax has grown to become one of the largest providers of clean label flavors in the U.S. Florida Food Products (FFP) is to acquire Comax Manufacturing Corporation (Comax), a provider of clean label flavor solutions focused on the beverage & nutrition markets.