Florida Food Products invests in T-Bev, expanding platform into nutraceutical ingredients
The acquisition strengthens FFP’s presence in value-added, natural tea products
Florida Food Products (FFP) has invested in T-Bev Inc., a provider of high-quality, all natural ingredients focused on botanical extracts and tea related products. This represents the second add-on acquisition in five months under the Ardian/Mid Ocean partnership, resulting in a meaningful expansion of FFP’s natural food ingredient capabilities.
Founded and led by Anson Gu, T-Bev has grown to become a major provider of natural, functional ingredients to the nutraceutical and beverage markets. T-Bev’s products will complement FFP’s extensive product portfolio and in the coming months, FFP intends to introduce a series of new, unique solutions. T-Bev’s Eugene, Oregon operations will serve as the foundation for FFP’s expansion on the West Coast and will continue to be led by Gu. Going forward, Gu will have responsibility for FFP’s entire Human Nutrition business.