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Frulact

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uuid00098i5

Namestring
Frulact
Legal namestring
Frulact – Serviços Partilhados S.A.
Websiteurl
frulact.com
Company typeenum
Private
Founded yearint
1987
Descriptiontext

Frulact, founded in 1987 in Maia, Portugal, by Arménio Miranda and his sons Francisco and João Miranda, is a B2B producer of natural fruit-based and plant-based specialty ingredients for the global food and beverage industry. The group operates three commercial brands — Frulact (stabilized fruit, vegetable, cereal, seed, functional and savory preparations), Frusenses (liquid flavors for dairy, beverages, bakery, ice cream, desserts, and plant-based alternatives), and Benefit (plant-based ingredients from oat, spelt, rice, almond, and coconut for dairy alternatives and barista applications) — plus the Frutech R&D and innovation center opened in 2010/2012. Frulact serves enterprise food manufacturers including dairy processors, ice cream producers, bakeries, beverage companies, and plant-based food brands, with custom formulations developed through customer-driven NPD centers on three continents.

The business model is direct enterprise B2B sales of customized ingredient solutions under multi-year supply contracts, with quote-based pricing determined by formulation complexity, volume, and customer-specific requirements. The company runs 13 production plants across Portugal, France, Germany, Switzerland, Morocco, South Africa, Canada, and the United States, and serves customers in more than 50 countries. Underlying technology includes proprietary smart stainless steel containers with IoT data logging and remote pressure/temperature monitoring, Industry 4.0 production automation (Project Unum for thermal treatment, Project Aeranthos for sensorized packaging using BLE), and a patented plant-based ingredient production process. The company holds FSSC 22000, ISO 22000, ISO 14001, and BRCGS certifications across its manufacturing footprint.

Frulact is currently privately held, having been acquired by Ardian in 2020. In November 2025, Nexture S.p.A. (an Italian holding backed by Investindustrial, formed from CSM Ingredients and Italcanditi) signed an agreement to acquire Frulact from Ardian, with closing expected in early 2026 pending regulatory approvals. Headcount is reported at 501-1,000 employees, with the wider Nexture group expected to operate at 2,000+ employees across 120 countries and 13 production plants post-closing.

Short descriptiontext

Frulact is a Portugal-founded B2B producer of fruit-based, flavor, and plant-based specialty ingredients for dairy, ice cream, bakery, beverage, and plant-based food manufacturers, operating 13 plants across Europe, North America, and Africa and serving over 50 countries through custom formulations and multi-year contracts.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersGemunde, Portugal
HQ citystring
Gemunde
HQ countrystring
Portugal
HQ regionstring
Europe
Markets served

Serves global market

Offices10 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
fruit preparations, plant-based ingredients, food flavor solutions, clean label ingredients, dairy and ice cream ingredients
Industry2 codes
1Condiments, Sauces & Dressings
CodeCRADAAABPrimaryYes
2Plant-Based & Alternative Dairy Cultures (Vegan Yogurt/Cheese, Fermented Plant Beverages)
CodeAFAJAJAGPrimaryNo
NAICS code3 codes
  • Fruit and Vegetable Preserving and Specialty Food Manufacturing3114
  • Flavoring Syrup and Concentrate Manufacturing31193
  • Food Manufacturing311
SIC code3 codes
  • Canned, Frozen & Preservd Fruit, Veg & Food Specialties2030
  • Canned, Fruits, Veg, Preserves, Jams & Jellies2033
  • Miscellaneous Food Preparations & Kindred Products2090
Product category
Food Ingredients (fruit preparations, flavors, plant-based ingredients)
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Food Ingredient Sales
TypeSubscription Recurring
Description

Frulact generates revenue through the sale of customized food ingredients including fruit preparations, flavors, and plant-based ingredients to food manufacturers in dairy, ice cream, bakery, beverages, and plant-based food sectors. Revenue is generated through direct B2B relationships with long-term supply contracts and custom formulation partnerships.

frulact.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1B2B Custom Ingredient Solutions
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing determined through direct B2B negotiations based on customer specifications, volume requirements, and formulation complexity.

frulact.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 4 records shown
1Frulact
Description

Core brand for food preparations including fruit, vegetable, functional, cereal/seed, and savory preparations

frulact.com
+3 more records
Core offering1 text field

Frulact develops, manufactures, and sells customized fruit, vegetable, cereal, functional, and specialty food preparations, liquid flavors, and plant-based ingredients to food and beverage manufacturers worldwide. Its portfolio is delivered under three brands (Frulact, Frusenses, Benefit) with bespoke formulation, NPD support, and sustainable sourcing serving dairy, ice cream, bakery, beverage, and plant-based food categories across more than 50 countries.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 30% annual clean label revenue growth in 2023
+3 more records
Product overview1 text field

Frulact is a food ingredients group offering three core brands: Frulact (stabilized food preparations combining fruits, vegetables, cereals, functional and specialty ingredients), Frusenses (specialized liquid flavors), and Benefit (plant-based ingredients from cereals, grains and nuts). The portfolio includes ice cream toppings and variegates, supported by Frutech, the group's R&D innovation center established in 2012. The company also offers proprietary smart packaging solutions. Founded in 1987 and headquartered in Maia, Portugal, the group operates across multiple countries with manufacturing facilities and serves the food industry with customized ingredient solutions.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Frulact works in close collaboration with universities, research institutes, suppliers and other commercial partners in R&D projects. The company engages with stakeholders to ensure constant exchange of new knowledge within the Frulact group.

Strategic tierSupportingTypeStrategic or Co-development Partner
Description

Frulact's Market Intelligence team monitors and analyzes the market using tools provided by partners including Mintel, XTC, Euromonitor, and PortugalFoods.

3Technology Partners for Smart Packaging
Strategic tierSupportingTypeTechnology or Integration
Description

Frulact developed proprietary Smart Stainless Steel Container together with technology partners, featuring IoT capabilities including data logging and location tracking.

frulact.com
Recent move20 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

DSM-Firmenich is a global nutrition, health, and flavors powerhouse that competes with Frulact in flavors, plant-based ingredients, and food improvement solutions across dairy alternative and bakery applications.

TypeBroad incumbent
Description

Givaudan is the world's largest flavors and fragrances company with extensive food ingredient capabilities including fruit and dairy preparations — a peer to Frulact's Frusenses flavor and ingredient portfolios as part of broader specialty ingredient plays.

TypeBroad incumbent
Description

Kerry Group is a global taste and nutrition major whose fruit preparations business (formerly Kerry Ingredients France, partially acquired by Frulact in 2009) competes with Frulact in fruit-based dairy and bakery ingredients at much greater scale.

TypeDirect peer
Description

Döhler is a German-based supplier of natural ingredients, flavors, and fruit preparations for beverages, dairy, ice cream, bakery, and plant-based applications — directly competing with Frulact across Frusenses flavors and Frulact fruit preparations.

TypeEmerging player
Description

Olam Food Ingredients (ofi) supplies cocoa, coffee, dairy, nuts, and spices with growing fruit-based ingredient solutions for food manufacturers — an emerging peer in plant-based and fruit ingredient supply with global agri-sourcing capabilities.

TypeEmerging player
Description

Sensient is a specialty flavor, color, and ingredient manufacturer with natural fruit and plant-based capabilities serving food and beverage customers — comparable to Frulact in flavors and natural ingredient segments at a smaller scale.

TypeBroad incumbent
Description

IFF divested its fruit preparations business to Frulact in 2021 and remains a competitor in adjacent flavor, food protection, and ingredient categories serving global dairy and food manufacturers.

TypeEmerging player
Description

Kalsec is a US-based producer of natural, clean-label extracts, colors, and savory ingredients serving food manufacturers — comparable to Frulact on clean-label positioning but focused on color/extracts versus fruit preparations.

TypeBroad incumbent
Description

Symrise is a global flavor and fragrance house with a Diana Foods division covering fruit and plant-based solutions for dairy and food — directly comparable to Frulact's fruit preparation and Frusenses flavor portfolios but at much larger scale.

TypeDirect peer
Description

Agrana is an Austrian-based global leader in fruit preparations for dairy, ice cream, and bakery — Frulact's most direct head-to-head competitor in the fruit ingredient segment, with overlapping customer rosters across European and global dairy multinationals.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries11 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frulact

Food Ingredients (fruit preparations, flavors, plant-based ingredients)frulact.com

Frulact is a Portugal-founded B2B producer of fruit-based, flavor, and plant-based specialty ingredients for dairy, ice cream, bakery, beverage, and plant-based food manufacturers, operating 13 plants across Europe, North America, and Africa and serving over 50 countries through custom formulations and multi-year contracts.

What Frulact does

Frulact, founded in 1987 in Maia, Portugal, by Arménio Miranda and his sons Francisco and João Miranda, is a B2B producer of natural fruit-based and plant-based specialty ingredients for the global food and beverage industry. The group operates three commercial brands — Frulact (stabilized fruit, vegetable, cereal, seed, functional and savory preparations), Frusenses (liquid flavors for dairy, beverages, bakery, ice cream, desserts, and plant-based alternatives), and Benefit (plant-based ingredients from oat, spelt, rice, almond, and coconut for dairy alternatives and barista applications) — plus the Frutech R&D and innovation center opened in 2010/2012. Frulact serves enterprise food manufacturers including dairy processors, ice cream producers, bakeries, beverage companies, and plant-based food brands, with custom formulations developed through customer-driven NPD centers on three continents.

The business model is direct enterprise B2B sales of customized ingredient solutions under multi-year supply contracts, with quote-based pricing determined by formulation complexity, volume, and customer-specific requirements. The company runs 13 production plants across Portugal, France, Germany, Switzerland, Morocco, South Africa, Canada, and the United States, and serves customers in more than 50 countries. Underlying technology includes proprietary smart stainless steel containers with IoT data logging and remote pressure/temperature monitoring, Industry 4.0 production automation (Project Unum for thermal treatment, Project Aeranthos for sensorized packaging using BLE), and a patented plant-based ingredient production process. The company holds FSSC 22000, ISO 22000, ISO 14001, and BRCGS certifications across its manufacturing footprint.

Frulact is currently privately held, having been acquired by Ardian in 2020. In November 2025, Nexture S.p.A. (an Italian holding backed by Investindustrial, formed from CSM Ingredients and Italcanditi) signed an agreement to acquire Frulact from Ardian, with closing expected in early 2026 pending regulatory approvals. Headcount is reported at 501-1,000 employees, with the wider Nexture group expected to operate at 2,000+ employees across 120 countries and 13 production plants post-closing.

Frulact firmographics

Firmographics
Name
Frulact
Legal name
Frulact – Serviços Partilhados S.A.
Website
https://frulact.com
Company type
Private
Founded year
1987
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Frulact is a Portugal-founded B2B producer of fruit-based, flavor, and plant-based specialty ingredients for dairy, ice cream, bakery, beverage, and plant-based food manufacturers, operating 13 plants across Europe, North America, and Africa and serving over 50 countries through custom formulations and multi-year contracts.
Ownership category
akta.pro rank

Frulact industry classification

Industry
Product category
Food Ingredients (fruit preparations, flavors, plant-based ingredients)
NAICS
Fruit and Vegetable Preserving and Specialty Food Manufacturing (3114), Flavoring Syrup and Concentrate Manufacturing (31193), Food Manufacturing (311)
SIC
Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030), Canned, Fruits, Veg, Preserves, Jams & Jellies (2033), Miscellaneous Food Preparations & Kindred Products (2090)
akta.pro primary industry
Condiments, Sauces & Dressings (CRADAAAB)
akta.pro secondary industry
Plant-Based & Alternative Dairy Cultures (Vegan Yogurt/Cheese, Fermented Plant Beverages) (AFAJAJAG)

Keywords

  • Fruit preparations
  • Plant-based ingredients
  • Food flavor solutions
  • Clean label ingredients
  • Dairy and ice cream ingredients

Where Frulact is headquartered

Location

Headquarters

HQ city
Gemunde
HQ country
Portugal
HQ region
Europe

Offices10 records

Markets served

Frulact business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Food Ingredient Sales: Frulact generates revenue through the sale of customized food ingredients including fruit preparations, flavors, and plant-based ingredients to food manufacturers in dairy, ice cream, bakery, beverages, and plant-based food sectors. Revenue is generated through direct B2B relationships with long-term supply contracts and custom formulation partnerships.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractB2B Custom Ingredient Solutions

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Frulact product offering

Product offering

Core offering

Frulact develops, manufactures, and sells customized fruit, vegetable, cereal, functional, and specialty food preparations, liquid flavors, and plant-based ingredients to food and beverage manufacturers worldwide. Its portfolio is delivered under three brands (Frulact, Frusenses, Benefit) with bespoke formulation, NPD support, and sustainable sourcing serving dairy, ice cream, bakery, beverage, and plant-based food categories across more than 50 countries.

Product overview

Frulact is a food ingredients group offering three core brands: Frulact (stabilized food preparations combining fruits, vegetables, cereals, functional and specialty ingredients), Frusenses (specialized liquid flavors), and Benefit (plant-based ingredients from cereals, grains and nuts). The portfolio includes ice cream toppings and variegates, supported by Frutech, the group's R&D innovation center established in 2012. The company also offers proprietary smart packaging solutions. Founded in 1987 and headquartered in Maia, Portugal, the group operates across multiple countries with manufacturing facilities and serves the food industry with customized ingredient solutions.

Differentiator

Problem solved

Functional benefit

Brands

  • Frulact: Core brand for food preparations including fruit, vegetable, functional, cereal/seed, and savory preparations
  • Frusenses
  • Benefit
  • Frutech

Quantifiable outcome

  • 30% annual clean label revenue growth in 2023
  • +3 more outcomes

Companies that use Frulact

Customer profile

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Frulact technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Frulact partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered supporting.

  • Universities and Research InstitutionssupportingStrategic or Co-development PartnerFrulact works in close collaboration with universities, research institutes, suppliers and other commercial partners in R&D projects. The company engages with stakeholders to ensure constant exchange of new knowledge within the Frulact group.
  • Market Intelligence Partners (Mintel, XTC, Euromonitor, PortugalFoods)supportingStrategic or Co-development PartnerFrulact's Market Intelligence team monitors and analyzes the market using tools provided by partners including Mintel, XTC, Euromonitor, and PortugalFoods.
  • Technology Partners for Smart PackagingsupportingTechnology or IntegrationFrulact developed proprietary Smart Stainless Steel Container together with technology partners, featuring IoT capabilities including data logging and location tracking.

Scale indicators6 records

Recent moves20 records

Expansion highlights6 records

Frulact competitors and assessment

Company assessment

Broad incumbents

  • DSM-Firmenich: DSM-Firmenich is a global nutrition, health, and flavors powerhouse that competes with Frulact in flavors, plant-based ingredients, and food improvement solutions across dairy alternative and bakery applications.
  • Givaudan: Givaudan is the world's largest flavors and fragrances company with extensive food ingredient capabilities including fruit and dairy preparations — a peer to Frulact's Frusenses flavor and ingredient portfolios as part of broader specialty ingredient plays.
  • Kerry Group: Kerry Group is a global taste and nutrition major whose fruit preparations business (formerly Kerry Ingredients France, partially acquired by Frulact in 2009) competes with Frulact in fruit-based dairy and bakery ingredients at much greater scale.
  • International Flavors & Fragrances (IFF): IFF divested its fruit preparations business to Frulact in 2021 and remains a competitor in adjacent flavor, food protection, and ingredient categories serving global dairy and food manufacturers.
  • Symrise: Symrise is a global flavor and fragrance house with a Diana Foods division covering fruit and plant-based solutions for dairy and food — directly comparable to Frulact's fruit preparation and Frusenses flavor portfolios but at much larger scale.

Direct peers

  • Döhler Group: Döhler is a German-based supplier of natural ingredients, flavors, and fruit preparations for beverages, dairy, ice cream, bakery, and plant-based applications — directly competing with Frulact across Frusenses flavors and Frulact fruit preparations.
  • Agrana: Agrana is an Austrian-based global leader in fruit preparations for dairy, ice cream, and bakery — Frulact's most direct head-to-head competitor in the fruit ingredient segment, with overlapping customer rosters across European and global dairy multinationals.

Emerging players

  • Olam Food Ingredients: Olam Food Ingredients (ofi) supplies cocoa, coffee, dairy, nuts, and spices with growing fruit-based ingredient solutions for food manufacturers — an emerging peer in plant-based and fruit ingredient supply with global agri-sourcing capabilities.
  • Sensient Technologies: Sensient is a specialty flavor, color, and ingredient manufacturer with natural fruit and plant-based capabilities serving food and beverage customers — comparable to Frulact in flavors and natural ingredient segments at a smaller scale.
  • Kalsec: Kalsec is a US-based producer of natural, clean-label extracts, colors, and savory ingredients serving food manufacturers — comparable to Frulact on clean-label positioning but focused on color/extracts versus fruit preparations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Frulact social profiles

Digital presence

Frulact compliance and trust

Trust signal

Compliance4 records

Frulact financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Frulact leadership team

Management profile

Number of profiles

Profiles1 record

Frulact subsidiaries and ownership

Company hierarchy

Subsidiaries11 records

Frulact funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Frulact M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Frulact

What does Frulact do?

Frulact develops, manufactures, and sells customized fruit, vegetable, cereal, functional, and specialty food preparations, liquid flavors, and plant-based ingredients to food and beverage manufacturers worldwide. Its portfolio is delivered under three brands (Frulact, Frusenses, Benefit) with bespoke formulation, NPD support, and sustainable sourcing serving dairy, ice cream, bakery, beverage, and plant-based food categories across more than 50 countries.

Is Frulact a public or private company?

Frulact is a private company. It is classified as private equity controlled and is currently operating.

When was Frulact founded?

Frulact was founded in 1987. It employs 501 to 1,000 people.

Where is Frulact based?

Frulact is headquartered in Gemunde, Portugal, in the Europe region.

How does Frulact make money?

One revenue line is on record: food Ingredient Sales.

Who are Frulact's main competitors?

Broad incumbents on record are DSM-Firmenich, Givaudan, Kerry Group, International Flavors & Fragrances (IFF) and Symrise. Direct peers are Döhler Group and Agrana. Emerging players are Olam Food Ingredients, Sensient Technologies and Kalsec.

Does Frulact have an API?

No public API is recorded for Frulact.

What industry is Frulact in?

Frulact's product category is Food Ingredients (fruit preparations, flavors, plant-based ingredients). Its primary akta.pro industry code is CRADAAAB, Condiments, Sauces & Dressings, with a secondary code of AFAJAJAG, Plant-Based & Alternative Dairy Cultures (Vegan Yogurt/Cheese, Fermented Plant Beverages). Its NAICS code is 3114 and its SIC code is 2030.

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Live signals
foodnavigator.comThe next phase of GLP-1 innovation: From smaller portions to greater valueNexture, through its subsidiary brands including HIFOOD and Frulact, is promoting a portfolio of GLP-1 smart ingredients designed to help food manufacturers optimize nutritional density and sensory experience in smaller portions. The initiative targets the growing segment of US consumers using GLP-1 therapies by offering solutions for sugar reduction, fiber enrichment, and protein enhancement across various food categories.AsiafoodjournalNexture debuts at Fi Europe 2025: The ingredients group presents its innovations for a better food futureNexture, the Italian holding company formed by combining CSM Ingredients Group and Italcanditi Group, made its global debut at Fi Europe 2025 in Paris, presenting food ingredient innovations across three strategic areas: Better for You, Better for the Planet, and Superb Eating Experiences. The group showcased products including protein-enriched foods, egg replacement solutions, sustainable cocoa alternatives, and fruit-based ingredients. Nexture, which recently announced the acquisition of Frulact and operates in over 120 countries with 13 production plants and over 2,000 employees, is indirectly held by Investindustrial.Food and Drink TechnologyNexture acquires Frulact to expand global reach and fruit-based ingredient innovationNexture, the Milan-headquartered value-added food ingredients group backed by Investindustrial, has announced the acquisition of Frulact, a leading global manufacturer of fruit- and vegetable-based specialty ingredients based in Porto, Portugal. The deal, expected to close in Q1 2026 pending regulatory approvals, will expand Nexture's operations to 24 factories, 20 R&D centers, approximately €1.1 billion in revenues, and 2,700 employees globally. The acquisition supports Nexture's buy-and-build strategy, significantly boosting its fruit preparations capabilities and expanding its footprint across North America and Africa.private-equitynews.comprivate-equitynews.comArdian sold Frulact, a global natural ingredient platform, to Nexture, following its expansion and growth under Ardian ownership since 2020. The transaction is expected to complete in early 2026 and involves the transfer of Frulact's operations, which serve over 50 countries.Empresas de Capital Riesgo en EspaNexture, backed by Investindustrial, announces the acquisition of Frulact from ArdianNexture S.p.A., a global food ingredients group backed by Investindustrial, has signed an agreement to acquire Frulact (Oferta Genuína S.A.) from Ardian for an undisclosed amount, with closing expected in Q1 2026. Under Ardian's ownership since 2020, Frulact grew revenues approximately 2.5 times to roughly €265 million, expanded its footprint to 11 production plants across 8 countries, and completed two acquisitions in Europe and North America. The combined entity will operate 24 factories globally with revenues approaching €1.1 billion, strengthening Nexture's position as a global leader in value-added food ingredients.AsiafoodjournalNexture, the global value-added food ingredients group, announces the acquisition of Frulact, a globally leading manufacturer of fruit and vegetables-based specialty ingredientsNexture S.p.A., a global food ingredients group backed by Investindustrial, has signed an agreement to acquire Frulact (Oferta Genuína S.A.), a leading manufacturer of fruit-based specialty ingredients headquartered in Porto, Portugal. The acquisition will expand Nexture's revenue to approximately €1.1 billion and grow its workforce to 2,700 employees across 24 factories in Europe, North America, Africa, and Asia. The transaction is expected to close in Q1 2026, subject to customary closing conditions and regulatory approvals.GlobeNewswirePortuguese Food Manufacturer Chooses Kingston for Canadian OperationsFrulact Group, a Portuguese food processor, selected Kingston, Ontario for a new North American plant and R&D facility, its first Canadian presence. The 75,000-square-foot plant will break ground later this year and open in early fall 2016, hiring about 50 employees.