SK Capital Announces the Acquisition of J&K Ingredients
Summary
Headquartered in Paterson, New Jersey, J&K is recognized as a leading food and beverage ingredient solutions provider, differentiated by its custom formulation and new product development capabilities focused on quality, function, and compliance. In 2019 the Company launched SOR-Mate, the first high efficacy clean label alternative to potassium sorbate with applications across a variety of product categories including bakery, beverages, snacks, pet food, and dairy. The Company’s deep expertise and focus on innovation, exemplified by the breakthrough and success of SOR-Mate, not only makes it an essential partner to the bakery market, but opens its doors for customers seeking clean label solutions across the food and beverage industry.” “As a differentiated provider of high value solutions to its customers, J&K represents a business with which we seek to partner,” said Dan Lory, Principal at SK Capital. Most importantly, they share our belief that J&K is uniquely positioned for the long term to capitalize on the industry-wide movement to clean label products and are committed to investing in its growth. SK Capital’s portfolio of businesses generates revenues of approximately $17 billion annually, employs more than 25,000 people globally, and operates more than 200 plants in over 30 countries.