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Icelandirect Acquires SOMA LABS

by Shari Barbanel | March 18, 2026

Icelandirect, LLC (Clifton, NJ), a portfolio company of New Heritage Capital, has acquired SOMA LABS, a New Jersey-based supplement manufacturer specializing in solid dosage form production. The transaction closed in February 2026.  The acquisition is a direct investment in capability—expanding what Icelandirect can build, manufacture, and deliver for its clients across both the human nutrition ...

ADM Announces Agreement to Acquire Revela Foods

by Shari Barbanel | December 19, 2023

ADM (Chicago, IL) recently announced it is adding to its flavors capabilities with an agreement to acquire Revela Foods, a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions. Revela, with projected sales of almost $240 million in 2023, would add new capabilities to ADM’s global flavors portfolio in the $1.8 billion global ...

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