Axel Johnson’s investment company, Novax, strengthen its position in the specialty ingredients industry via Ingå Group with the acquisition of JM Posner, a leading UK-based supplier of specialist own brand and branded ambient baking and dessert ingredients.
Ingå Group is a growing European group of independent ingredient companies focused on innovation, sustainability, and long-term value creation in the future of food. In addition to JM Posner, the group includes the British company Ulrick & Short, experts in clean label ingredients; the French company Louis François, specialized in functional ingredients for gastronomy and food production; as well as MSK Ingredients, a UK niche leader in specialty ingredients for restaurants and foodservice.
JM Posner is renowned for its high-quality ingredients, an efficient online sales channel and a consultative sales approach. Through the acquisition, Ingå Group reaches new customer segments, broaden its product range, and strengthen product innovation across the entire group – while also further enhancing its digital presence.
Pär Warnström, Head of Future of Food at Novax:
“With the addition of JM Posner to Ingå Group, we take another important step in building a leading European ingredient platform for the future of food. Ingredient specialists play a crucial role in driving innovation and shaping sustainable, high-quality solutions for food producers and chefs alike. JM Posner brings not only deep product expertise and agility in responding to customer trends, but also strong online capabilities that enhance accessibility and service levels. Together, we strengthen our ability to support a more innovative and sustainable food industry.”
Specialty Ingredients – A growing and dynamic market
The specialty ingredient market is a multi-billion industry but remains relatively fragmented, particularly in Europe. The sector is populated by many family-owned and entrepreneur-driven companies with significant growth potential through strategic partnerships and innovation.
Ingå Group’s vision is to become the go-to partner for both food manufacturers and chefs seeking ingredient solutions that drive innovation in taste, functionality, and performance. By continuing to prioritize innovation and sustainability, Novax strengthens its role in the transition toward a more sustainable food supply chain.
