Lake Mary, FL (June 23, 2022) — Vibrant Ingredients has acquired Javo Beverage Company. Javo is a natural extractor of clean label coffee, tea, and botanicals with a focus on beverage applications. Javo is recognized for its unique extraction capabilities that deliver cold brew coffee solutions for consumer brands, manufacturers, and restaurants.
Vibrant specializes in naturally sourced clean label ingredients with applications across all segments of the food and beverage category, with a focus on growing its presence in the health and wellness category.
In 2021, Ardian, a private investment firm, acquired a majority stake in Vibrant from MidOcean Partners and established a new partnership to accelerate Vibrant’s long-term growth objectives. Under this partnership, Vibrant completed the acquisition of Comax and T-Bev prior to Javo, which has more than doubled the company’s scale over the past year, with a revenue approaching $300 million, Vibrant reports.
“We’re ecstatic for Javo to join our platform,” said Jim Holdrieth, Vibrant CEO. “Javo’s best-in-class products are supported by a talented team and unique manufacturing capabilities that will drive a series of innovative new product launches. As part of the Vibrant family, we’re confident that Javo can offer our customers compelling new solutions that build on our deep portfolio of clean label ingredients.”
“Our investment in Javo is a testament to the differentiated capabilities and resources that Ardian has brought to the Vibrant platform,” said Thibault Basquin, deputy head of the Ardian buyout team. “As we move forward, the team will be able to leverage further our extensive experience in the ingredient sector to efficiently evaluate new opportunities and be the buyer of choice for natural ingredient businesses.”
“Javo is an impressive organization, which will play a critical role in our continued expansion in the beverage category,” said Christopher Sand, managing director in the Ardian buyout team. “Javo’s innovative products will complement Vibrant’s portfolio of natural ingredients and will position the company for accelerated growth. We intend to continue our strategy of building the world’s largest independent provider of clean label ingredients by expanding our portfolio of best-in-class products, acquiring additional clean label ingredient businesses, and investing in our talented team, advanced facilities, and innovative pipeline.”
“The addition of Javo to the Vibrant Ingredients platform is a continuation of the exceptional growth that we have seen since our initial investment in 2018, and further solidifies our position in natural beverage ingredients and solutions,” Steven Loeffler, principal at MidOcean Partners, said. “Building upon the solid foundation we have established over the last four years, Vibrant is poised to dramatically increase its scale as it launches exciting new systems and expands into a series of high-growth adjacencies. We’re thrilled to continue our partnership with Jim Holdrieth, the Vibrant management team, and Ardian as we progress in this exciting new phase.”
natural ingredients.