ICL To Acquire Bartek Ingredients In Two Phase Deal
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ICL Group Ltd announced a definitive agreement to acquire Bartek Ingredients Inc. for $90 million in a two-phase deal. The first phase, closing in Q1 2026, involves acquiring 50% of Bartek. The acquisition expands ICL's specialty food solutions portfolio, enhancing its presence in functional food ingredients. Bartek generates $65 million annually and is building a new facility to boost production, supporting growth in the global functional food ingredients market.
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