Leading European provider for the savoury food industry
Solina (“the Group”) designed and produced ingredient-based functional and culinary solutions for the food industry. The Group operated in four business areas: taste solutions (aromatic ingredients), meat solutions (functional ingredients), nutrition (dietetic ingredients) and food service.
At the time of exiting, Solina had four production sites and served 4,000 clients in the food industry in France and throughout Europe with a wide range of products combining texture and taste. Clients included food industrialists, catering firms and mass distribution companies. The company was headquartered in Bréal-sous-Montfort, near Rennes in France.
The Solina Group was formed in July 2011, following the IK 2007 Fund’s acquisition of Savena and Sfinc in the Benelux area. IK exited to Ardian Mid Cap Buyout in December 2015.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Organic growth via leveraging strong market position;
- Develop the existing product range and to launch new products; and
- Increase international expansion through a series of strategic add-on acquisitions.