ICL Group Expands Global Footprint in Food Ingredients with Acquisition of Bartek Ingredients

ICL Group has acquired Bartek Ingredients, a global leader in food-grade malic and fumaric acid, for approximately $90 million. Bartek distributes its products to over 40 countries and generates $65 million in annual revenue. The acquisition expands ICL's portfolio into specialty food solutions and advances its strategy to focus on growth engines like specialty crop nutrition and food solutions. The deal is expected to close in two phases, with the second phase's timing and scale to be determined.