J&K Ingredients, LLC

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J&K Ingredients, LLC - overview

Established

1899

Location

Paterson, NJ, US

Primary Industry

Food

About

J&K Ingredients, LLC is a US-based company specializing in natural and organic ingredients for the bakery industry, providing innovative solutions that enhance product freshness and quality. Founded in 1899 in Paterson, US, J&K Ingredients develops ingredient solutions tailored for the bakery sector. The company has undergone critical strategic changes to focus on natural ingredients. In October 2023, SK Capital acquired J&K Ingredients from CORE Industrial Partners, although financial terms were not disclosed.


The company has completed 2 deals, with the most recent deal occurring on 2023-10-11. J&K Ingredients specializes in providing natural and organic ingredient solutions for the bakery industry, with key offerings including Bred-Mate®, a natural mold inhibitor that enhances the shelf life of baked goods, and a range of customized base mixes for various bakery products. Their ingredient technologies address challenges in maintaining freshness and texture while meeting the demand for clean labels, serving a diverse clientele primarily in North America and Europe. Operating on a B2B model, J&K Ingredients generates revenue by supplying ingredient technologies directly to bakers and food manufacturers.


Revenue comes from the sale of Bred-Mate® products and tailored base mixes, typically through bulk orders. Pricing structures align with client specifications, ensuring a customized approach to meet unique ingredient needs. The recent acquisition by SK Capital enables J&K Ingredients to invest in strategic growth initiatives. The company plans to expand its product offerings, although specific new products have not been announced.


There are intentions to enter new geographic markets, particularly focusing on regions in North America and Europe by the end of 2024. The funding from the acquisition will support these initiatives, allowing J&K to enhance its capability to meet client demands.


Current Investors

CORE Industrial Partners

Primary Industry

Food

Sub Industries

Bakery Products

Website

www.jkingredients.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

J&K Ingredients, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedJ&K Ingredients, LLC-
BuyoutCompletedJ&K Ingredients, LLC-

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