SK Capital Partners Completes the Acquisition of J&K Ingredients
Summary
J&K, headquartered in Paterson, New Jersey, is a market-leading provider of food and beverage ingredients solutions with an emphasis on natural, organic, and clean label products. The Company differentiates itself with extensive custom formulation and new product development capabilities, leveraging deep expertise in quality, function, and compliance. In 2019, the Company launched SOR-Mate, the first high-efficacy clean label alternative to potassium sorbate for use across a wide range of product categories including bakery, beverages, snacks, pet food, and dairy. We are thrilled to be partnering with the J&K team to build upon the Company’s stellar reputation and technical achievements to-date.” “At J&K, we are very excited for our next chapter in partnership with SK Capital,” said Ricardo Alvarez, Ph.D., CEO of J&K Ingredients. SK Capital’s portfolio of businesses generates revenues of approximately $15 billion annually, employs more than 25,000 people globally, and operates more than 200 plants in over 30 countries.