OFI is acquiring Olde Thompson from private equity firm Kainos Capital and Olde Thompson’s management shareholders.
Olam Food Ingredients (OFI) plans to acquire US spice and seasonings manufacturer Olde Thompson through its wholly-owned subsidiary Olam Holdings at an enterprise value (EV) of US$950 million ($1.26 billion).
Olde Thompson is a manufacturer of private label spices, seasonings, baking ingredients and spice-related housewares in the US, with facilities in New Jersey and California.
