ICL to acquire Bartek Ingredients in $90 million deal, expanding specialty food solutions portfolio.

ICL Group has agreed to acquire Bartek Ingredients in a two-phase deal, with an initial cash investment of $90 million. The acquisition expands ICL's specialty food solutions portfolio and strengthens its presence in functional food ingredients. Bartek generates $65 million in annual revenue and is constructing a new production facility expected to be completed in 2026. The global functional food ingredients market is projected to exceed $45 billion in sales by 2030.