FFP is expanding into the beverage category with acquisition

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NEW YORK – Florida Food Products has agreed to acquire Javo Beverage Co., a company that uses patented technologies and product development processes to create coffee, tea and plant extracts for the food and beverage industry.

Founded in 2001, Javo operates a 65,000-square-foot manufacturing facility at its headquarters in Vista, California, and a 240,000-square-foot manufacturing facility in Indianapolis. The company offers ingredients for beverages such as ready-to-drink beverages, coffee (including cold coffee), tea, alcoholic beverages and soft and functional beverages, as well as other goods such as dairy and dairy alternatives, baked goods, desserts, savory products, ice cream and novelties.

“Best-in-class Javo products are backed by a talented team and unique manufacturing capabilities that will drive a series of innovative new product releases,” said Jim Holdritt, FFP’s Chief Executive Officer, Justis, Florida. “As part of the FFP family, we are confident that Javo can offer our customers new compelling solutions based on our deep portfolio of pure label ingredients.”

Companies expect the deal to close in the third quarter. Terms are not disclosed.

In 2021, the private investment company Ardian acquired a controlling stake in FFP from MidOcean Partners and established a new partnership, which was acquired by Comax Flavors and T-Bev Inc. Over the past year, FFP has doubled its revenue, now approaching $ 300 million.

FFP is expanding into the beverage category with acquisition

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