CVC Capital Partners to acquire Irca from Advent
The Italy-based ingredient manufacturer reported €1.5 billion in revenue last year and operates 19 facilities, serving pastry, bakery, chocolate and ice cream customers in over 100 countries.
Takeaways
- Irca is a global B2B manufacturer of ingredient solutions for food manufacturing, foodservice, and artisanal channels.
- CVC Capital Partners is acquiring Irca.
- The target serves food manufacturing, foodservice, artisanal, pastry, bakery, chocolate, ice cream across Italy.
CVC Capital Partners has agreed to acquire Irca, a global B2B manufacturer of ingredient solutions for the pastry, bakery, chocolate and ice cream markets, from Advent.
With 19 facilities and over 7,000 products, Irca serves an international customer base spanning artisanal bakeries, foodservice operators, and multinational food manufacturers, generating revenue of €1.5 billion.
Advent had backed the Italy-based business since 2021, overseeing revenue growth from €370 million to the current level; CVC plans to drive further expansion through operational efficiency, add-on acquisitions, and international growth in the US and EMEA.
The transaction, subject to regulatory approvals, is expected to close in Q4 2026.
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