Expanding its global distribution presence, Prinova Group LLC, a NAGASE Group Company, entered into a definitive agreement to acquire industry expert The Ingredient House, LLC ("TIH"). TIH has a significant presence in the sweetener, polyol and specialty ingredient sectors both in the US and internationally. This purchase represents another stride forward in Prinova's long history of growth in the ingredient distribution space.
Founded in 2006 and headquartered in Southern Pines, N.C., The Ingredient House is a quality-focused supplier of ingredients to the global food and beverage industry. TIH has experienced substantial growth since its inception through strategic partnerships with global branded customers and offshore manufacturers. Key to TIH's success is its implementation of and adherence to improved quality standards to consistently deliver the global supply chain needs of its food and beverage customers.
Headquartered Carol Stream, Ill., and privately owned for 40 years, Prinova was acquired by Nagase & Co., Ltd., based in Tokyo, in 2019. Since then, Prinova has experienced substantial growth in flavor manufacturing, premix manufacturing, and its flagship ingredient distribution offering. This acquisition is an opportunity for Prinova to further leverage industry relationships and integrate The Ingredient House's unique supply chain advantages into its existing business.