Valesco Industries has made an investment in Adams Flavors, Foods & Ingredients. Valesco Industries partnered with the Adams management team to complete the buyout of exiting shareholders and position the company for continued growth and expansion.
Adams Flavors, Foods & Ingredients is a manufacturer and distributor of blends, extracts and spices sold to retail supermarkets and food manufacturers in the South-Central and South-Eastern U.S. Brands include Adams Best, Adams Extract, Adams ClearVan, Adams Seasoning & Spice, Adams Reserve, Flavor King, Adams Pantry Basics, Sear-n-Crust, Zesty-Full, Parslic, Carniceria and Culinary Tonight. The company was founded in 1888 and is based in Gonzales, TX (www.adamsextract.com).
Valesco Industries makes control and non-control investments in small and lower middle-market businesses that have revenues from $10 million to $100 million and cash flow of at least $2 million. Sectors of interest include manufacturing, distribution and business-to-business services. The firm is based in Dallas (www.valescoind.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 2-11-13
