Business Wire·Dec 18, 2025, 1:30 AM ET

ICL Group Expands Further into Global Food Ingredients with Acquisition of Bartek Ingredients

ICL announced a definitive agreement to acquire Bartek Ingredients, a global leader in food-grade malic and fumaric acid used in food, beverage, personal care, and other end-markets.
Bartek operates the only vertically integrated production facilities for maleic anhydride, malic acid, and fumaric acid in North America, serving over 40 countries with approximately $65 million in annual revenue.
The acquisition aligns with ICL's strategic principles to drive sustainable growth through specialty crop nutrition and specialty food solutions.
Bartek is currently constructing a new production facility expected to complete in 2026, which will significantly expand capacity to support a global functional food ingredients market projected to exceed $45 billion by 2030.
The transaction will close in two phases subject to regulatory approvals, with the first phase involving a $90 million cash investment for approximately 50% of Bartek expected in Q1 2026.
The second phase, which will result in the acquisition of remaining shares, is subject to specific business and integration milestones.
ICL plans to leverage its global scale, technical expertise, and R&D capabilities to maximize potential and capture a larger share of the growing market alongside Bartek's acidulants experience.
ICL is a leading global specialty minerals company with dual listings on the NYSE and TASE, employing over 12,000 people worldwide and generating approximately $7 billion in 2024 revenues.