First Choice Ingredients
Food & Beverage · Wisconsin, United States · 51-200 Employees
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Overview
Headquarters
n112 w19528 Mequon Rd, Germantown, Wisco...Phone Number
(262) 251-3881Revenue
$23.6 MillionIndustry
About First Choice Ingredients
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DSM to acquire First Choice Ingredients to accelerate growth in food and beverage
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announces today that it has signed an agreement to acquire First Choice Ingredients, a leading supplier of dairy-based savory flavorings for an enterprise value of US$453 million. This transaction represents an EV/EBITDA multiple of 19.8x based on the estimated 2021 Adjusted EBITDA. The estimated 2021 sales amount to about US$75 million.
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Frequently Asked Questions Regarding First Choice Ingredients
First Choice Ingredients, a DSM company, is a leading manufacturer specializing in concentrated dairy flavors, particularly butter and cheese concentrates. Their innovative products aim to enhance flavor, ensure quality, and reduce costs for food manufacturers and processors while maintaining simple ingredient labels. The company serves clients in... Read More