Ingå Group ingredients developer and supplier has acquired UK-based supplier JM Posner.
The ingredients company Ingå Group has announced the purchase of JM Poster, supplier of specialist baking and dessert ingredients to the food industry in a move that will grow the groups capabilities.
JM Posner was established in 2009, with premises near Mansfield, Nottinghamshire, it has grown 30% year-on-year since 2021 in online and offline sales, and services more than 10,000 customers across the food industry, including food producers, restaurants, and foodservice suppliers. The company specialises in the supply of own-branded ingredients in categories including sweet spreads and sauces, chocolate, confectionery, dessert mixes, toppings, baking ingredients, ice cream consumables and savoury sauces.
Adding knowledge and expertise
JM Posner JM Posner joins clean label ingredients specialist Ulrick & Short, French specialty functional ingredients company Louis François, UK-based restaurant & foodservice supplier MSK Ingredients, and technical ingredients distributor Verdant Ingredients in the Ingå Group stable.
Adrian Short, CEO at Ingå Group, commented: “JM Posner is a fantastic business with a great product offering and team to back it up. From the start, it was clear that our values and aspirations very much aligned, and we are delighted to welcome them to our family. Respecting the already fantastic business that has been built by the team since 2009 and all the capabilities, knowledge and expertise that comes with them, we look forward to working together with Tim and the team to help reach their potential to create sustainable value for customers, the JM Posner team and our group alike.”
“With Ingå Group’s support, we will be able to take JM Posner much further together than we could have as a standalone independent.”
Commenting on the transaction, Tim Hills, managing director at JM Posner, said: “JM Posner is an entrepreneurial family business, and we are exceptionally proud of the brand and its strong growth in recent years. However, for the business to continue to thrive, we knew it was time to join a larger group, who could bring support, additional skills, resources, and a collaborative approach.
“We spoke to a number of interested parties, but Ingå Group stood out in terms of shared culture, approach and vision. With Ingå Group’s support, we will be stronger, and we will be able to take JM Posner much further together than we could have as a standalone independent. I know the team at JM Posner are really excited about joining the wider Ingå Group family, and the multiple opportunities this new partnership creates.”
