CVC Capital Partners agrees to buy Italian ingredients maker Irca from Advent

  • CVC Capital Partners IX agreed to acquire Italy-based ingredient maker Irca from Advent on June 29, 2026.
  • Irca supplies pastry, bakery, chocolate, ice cream ingredients; runs 19 facilities; sells more than 7,000 products in over 100 countries.
  • Revenue rose to EUR 1.5 billion from EUR 370 million in 2021 during Advent’s ownership.
  • CVC plans operational improvements across manufacturing and supply chain, add-on acquisitions, international expansion with emphasis on the US and EMEA.
  • Deal expected to close in Q4 2026, subject to regulatory approvals.


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