- Location
- Affton, Missouri
- Workplace
- Onsite
- Department
- CMNG
- Source
- Lever
Description
Company Overview
IRCA is a leading international provider of semi-finished ingredients for the bakery, pastry, and gelato markets, serving independent producers as well as large food manufacturers, including consumer packaged goods (CPG) companies. Its core products include chocolate, chocolate decorations, creams, pastry mixes, gelato ingredients, and other bakery and pastry ingredients.
Headquartered in Italy, IRCA was acquired by Advent International, a global private equity firm, in July 2022, and has a strong track record of growth over the past decade. In 2022, IRCA completed two bolt-on acquisitions in candied fruits (Cesarin) and pistachio ingredients (Anastasi) and subsequently entered exclusive negotiations to acquire a leading manufacturer of sweet and cereal products in Europe and the United States. The target specializes in high-value-added ingredients for food manufacturers, including sweet particulates, chocolate confections, baked inclusions, variegates, and fruit purées.
This strategic expansion reflects IRCA’s ambition to become a global leader in the semi-finished ingredients industry, with a combined footprint of 22 manufacturing facilities across Europe, the United States, and Vietnam and approximately €1 billion in revenue based on 2022 figures.