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Florida Food Products Acquires Javo

by Shari Barbanel | June 29, 2022

Florida Food Products (FFP, Eustis, FL) has announced that it has reached an agreement to acquire Javo Beverage Company FFPsubject to customary closing conditions. Javo is a natural extractor of clean label coffee, tea, and botanicals with a focus on beverage applications. Javo is recognized for its unique extraction capabilities that facilitate the delivery of exceptional cold brew coffee solutions to industry leading consumer brands, manufacturers and restaurants.

FFP is a leading innovator, formulator, and producer of naturally sourced clean label ingredients. The company’s products provide nutrition, improve texture and flavor, extend shelf life, and ultimately provide consumers with clean label and natural products. FFP is one of the largest independent providers of clean label ingredients, and the Company’s portfolio focuses exclusively on natural solutions. Today, FFP’s portfolio of natural ingredients has applications across every segment of the food and beverage industry, along with a rapidly growing presence in the health and wellness category.

In 2021, Ardian, a world-leading private investment house, acquired a majority stake in FFP from MidOcean Partners and established a new partnership to accelerate FFP’s long-term growth objectives. Under this partnership, FFP has completed the acquisition of Comax, T-Bev, and now Javo. With the support of the Ardian and MidOcean teams, FFP has scaled dramatically and has more than doubled over the last year, with revenue approaching $300 million.

“We’re ecstatic for Javo to join the FFP platform,” said Jim Holdrieth, CEO of FFP. “Javo’s best-in-class products are supported by a talented team and unique manufacturing capabilities that will drive a series of innovative new product launches. As part of the FFP family, we’re confident that Javo can offer our customers compelling new solutions that build on our deep portfolio of clean label ingredients.”

The addition of Javo further diversifies FFP’s portfolio, adding a number of exciting new natural ingredients, while significantly enhancing its growth profile. FFP plans to utilize its expanded capabilities to offer innovative solutions that provide consumers great tasting, clean label products with the health attributes and transparency they desire. As part of FFP’s growth plans, the company continues to expand its talented executive team, accelerate its investment in innovation, and enhance its capabilities and services with new facilities, equipment and locations.

For more information, visit https://floridafood.com.

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