Headquartered in Elgin, Illinois, Profile Food Ingredients has annual net sales of approximately $25m and provides a wide range of specialty product formulations for use in dairy products, baked goods, beverages, confections, nutraceuticals, dips, dressings and sauces.
Mantrose-Haeuser is a leading manufacturer of edible coatings, stabilizers and specialty ingredients for the food and beverage, agricultural, food packaging and pharmaceutical industries.
Terms of the transaction were not disclosed.