FlavorSum, a portfolio company of The Riverside Company,, has acquired Whittle & Mutch, a formulator of flavors primarily for refreshing beverages. No financial terms were disclosed.
KALAMAZOO, Mich.–(BUSINESS WIRE)–FlavorSum, a North American flavor producer, has acquired Whittle & Mutch, a U.S.-based formulator of flavors primarily for refreshing beverages. The acquisition is part of FlavorSum’s strategy to expand its solutions resources and capacity for meeting the needs of small, mid-sized and emerging food & beverage companies. Whittle & Mutch’s extensive portfolio of flavors for carbonated and still beverages enhances FlavorSum’s capabilities in an evolving and growing category.
Whittle & Mutch is the 4th company joining the FlavorSum platform following the 2020 acquisitions of National Flavors, GSB & Associates and B&D Flavours. “We remain focused on developing our presence in North America through solid organic growth and strategic acquisitions like Whittle & Mutch. Our strategy includes building talent, capabilities, and partnerships to create solutions that support our customers’ ability to grow and deliver great products to consumers,” said Brian Briggs, FlavorSum CEO.
“We’re anticipating an exciting alliance with FlavorSum,” said John Mutch, III, Whittle & Mutch Vice President-Corporate Secretary. “Our legacy of providing customers with innovation, quality, integrity, and service fits well with FlavorSum’s business model and values.”
“And we’re pleased that Whittle & Mutch’s tradition of flavor excellence and superior flavor systems will continue to serve current and new customers,” said Richard Mutch, Vice President and Treasurer.
Following the close, the Whittle & Mutch team will join FlavorSum under the direction of Briggs. “We value and respect Whittle & Mutch’s 129-year history of cultivating beverage expertise,” said Briggs. “We look forward to bringing a comprehensive set of flavor solutions and an outstanding experience to help customers reach their growth targets.”
FlavorSum helps growing North American food and beverage companies go to market quickly and cost-effectively. The company provides flavor solutions for delivering great-tasting products that inspire loyalty among today’s consumers. FlavorSum is a portfolio company owned by The Riverside Company, a global private equity firm.
About Whittle & Mutch
Founded in 1892, Whittle & Mutch has a long history of creating exceptional flavors for the beverage industry. The company also offers flavors for bar mixes, post-mix syrups, ice cream, dairy, frozen confections, and pharmaceuticals.
About The Riverside Company
The Riverside Company is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 800 investments. The firm’s international private equity and structured capital portfolios include more than 130 companies.