Corbion, Kingswood Capital Management Announce Agreement in Divestiture of Emulsifiers Business
The sale will allow Corbion to sharpen its focus on fermentation-based technologies while providing customers and stakeholders a partner in navigating corporate divestitures
Corbion, a global ingredient solutions provider, and Kingswood Capital Management, LP, a middle-market private equity firm with significant experience in corporate carve-outs and investments related to food and beverage, have signed a binding agreement regarding the sale of Corbion's emulsifiers business. The sale, which is contingent upon the satisfaction of certain conditions, including regulatory approvals, will allow Corbion to sharpen its focus on fermentation-based technologies while providing customers and stakeholders of the emulsifiers business a trusted partner in navigating corporate divestitures.
The divestment of Corbion's emulsifiers business follows Corbion’s Advance 2025 strategy, announced in March 2020, focusing on further growing a set of core competencies built around advanced expertise in fermentation that are essential to fulfilling the company's central purpose, to "preserve what matters."