Ingredients Maker Parker Food Group Sold to Investment FirmIngredients Maker Parker Food Group Sold to Investment Firm
American food ingredients manufacturer Parker Food Group was acquired by an affiliate of Investindustrial.
August 11, 2022

The Riverside Company sold American food ingredients manufacturer Parker Food Group (PFG) to an investment firm indirectly held by Investindustrial VII L.P., the new owner announced Thursday.
PFG produces baked inclusions, toppings, and other specialty, value-added ingredients for industrial branded B2C, food service, and industrial B2B customers in North America. The Fort Worth, TX-based company currently has a staff of 370 workers and operates production sites in Missouri, New York, and Texas.
“Our extensive experience in the food ingredients sector and our track record of growing our portfolio companies, makes us the perfect steward for a new, exciting and more global chapter in PFG’s development. We are building an Ingredient- Tech platform with the vision to create unique and innovative solutions for the food industry,” Andrea C. Bonomi, Chairman of Investindustrial’s Industrial Advisory Board, said in a release.
PFG will join Investindustrial’s existing group of food ingredients companies, including CSM Ingredients, Hi-Food, and Italcanditi.
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