CVC Fund IX to Acquire Irca After Revenue Climbs to €1.5 Billion
Updated
Updated · cvc.com · Jun 29
CVC Fund IX to Acquire Irca After Revenue Climbs to €1.5 Billion
2 articles · Updated · cvc.com · Jun 29
Summary
CVC Capital Partners IX agreed to buy Irca from Advent, adding a global B2B ingredients maker whose products span pastry, bakery, chocolate and ice cream markets.
Irca now operates 19 facilities, sells more than 7,000 products and serves customers in over 100 countries, giving CVC a broad platform for further expansion.
Revenue rose from €370 million in 2021 to €1.5 billion under Advent, which said targeted acquisitions, manufacturing investment and market expansion turned Irca into a global ingredients platform.
CVC said it will back operational improvements, selective add-on deals and faster growth in the US and EMEA after the transaction closes, which is expected in Q4 2026 pending regulatory approvals.